24, MORAUNT DRIVE, FAREHAM, PO16 9EF - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 MORAUNT DRIVE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £265,000 in March 2019, which was around 42% below the average March 2019 detached price in the Fareham local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

24 MORAUNT DRIVE Sold Prices

Land registry data shows two sales for 24 MORAUNT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 24 MORAUNT DRIVE 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
2019 7 MAR	£265,000	£460,784	42% below HPI
2002 8 AUG	£182,500	£230,295	21% below HPI

24 MORAUNT DRIVE 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 two 24 MORAUNT DRIVE sales from August 2002 and March 2019 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 August 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 24 MORAUNT DRIVE?

24 MORAUNT DRIVE is 58m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 24 MORAUNT DRIVE lies on this distribution: 3% of detached houses are smaller than 24 MORAUNT DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

24 MORAUNT DRIVE: Plot and Title Map

24 MORAUNT DRIVE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 24 MORAUNT DRIVE, 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 24 MORAUNT DRIVE). 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 24 MORAUNT DRIVE?

24 MORAUNT DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 24 on MORAUNT DRIVE.