23, WHEATLANDS, FAREHAM, PO14 4SL - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 WHEATLANDS is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £380,000 in October 2022, which was around 33% below the average October 2022 detached price in the Fareham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

23 WHEATLANDS Sold Prices

Land registry data shows four sales for 23 WHEATLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 23 WHEATLANDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 6 OCT	£380,000	£567,264	33% below HPI
2008 30 APR	£245,000	£334,705	27% below HPI
2003 22 JUL	£193,500	£265,449	27% below HPI
1998 15 MAY	£87,000	£129,028	33% below HPI

23 WHEATLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The four 23 WHEATLANDS sales between May 1998 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 23 WHEATLANDS?

23 WHEATLANDS is 78m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 23 WHEATLANDS lies on this distribution: 8% of detached houses are smaller than 23 WHEATLANDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

23 WHEATLANDS: Plot and Title Map

23 WHEATLANDS sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 23 WHEATLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 WHEATLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 WHEATLANDS?

23 WHEATLANDS is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 23 on WHEATLANDS.