3, PARK MEWS, PARK GATE, SOUTHAMPTON, SO31 1ED - £250,000

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

3 PARK MEWS is a small detached house of 104m², built sometime between 2007 and 2011. It was last sold for £250,000 in September 2014, which was around 31% below the average September 2014 detached price in the Fareham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

3 PARK MEWS Sold Prices

Land registry data shows two sales for 3 PARK MEWS 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 3 PARK MEWS 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
2014 19 SEP	£250,000	£360,017	31% below HPI
2006 14 JUL	£249,995	£294,068	15% below HPI

3 PARK MEWS 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 3 PARK MEWS sales from July 2006 and September 2014 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 July 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 PARK MEWS?

3 PARK MEWS is 104m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 40% of detached houses in Park Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Park Gate, and where 3 PARK MEWS lies on this distribution: 31% of detached houses are smaller than 3 PARK MEWS, and 68% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

3 PARK MEWS: Plot and Title Map

3 PARK MEWS sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 3 PARK MEWS, 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 3 PARK MEWS). 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 3 PARK MEWS?

3 PARK MEWS is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 3 on PARK MEWS.