3, SPINNAKER MEWS, WARSASH, SOUTHAMPTON, SO31 9LJ - £570,000

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 SPINNAKER MEWS is a large extended detached house of 146m², built sometime between 1996 and 2002. It was last sold for £570,000 in February 2022, which was around 6% above the average February 2022 detached price in the Fareham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

3 SPINNAKER MEWS Sold Prices

Land registry data shows three sales for 3 SPINNAKER MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 3 SPINNAKER MEWS sales were for above 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 28 FEB	£570,000	£536,609	6% above HPI
2007 29 OCT	£440,000	£332,121	32% above HPI
2001 30 AUG	£225,000	£198,660	13% above HPI

3 SPINNAKER 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 three 3 SPINNAKER MEWS sales between August 2001 and February 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 October 2007 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 3 SPINNAKER MEWS?

3 SPINNAKER MEWS is 146m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 3 SPINNAKER MEWS lies on this distribution: 69% of detached houses are smaller than 3 SPINNAKER MEWS, and 30% of houses are larger. Note that EPC data is not available for all properties in Warsash.

3 SPINNAKER MEWS: Plot and Title Map

3 SPINNAKER MEWS sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 3 SPINNAKER 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 SPINNAKER 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 SPINNAKER MEWS?

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