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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SPINNAKER MEWS is a large extended detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £581,137. It was last sold for £570,000 in February 2022, which was around 5% 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	£541,605	5% above HPI
2007 29 OCT	£440,000	£335,213	31% above HPI
2001 30 AUG	£225,000	£200,510	12% 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 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the February 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 SPINNAKER MEWS be worth now?

3 SPINNAKER MEWS might now be worth an estimated £581,137.

This is based on house price inflation of 2%, between February 2022 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 3 SPINNAKER MEWS of £570,000 on 28th February 2022. For the value to have increased from £570,000 to £581,137 over the three years to February 2025, the following assumptions must hold true:

• The value of 3 SPINNAKER MEWS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2022 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPINNAKER MEWS has not materially changed since February 2022.

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 houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 3 SPINNAKER MEWS lies on this distribution: 69% of detached houses houses are smaller than 3 SPINNAKER MEWS, and 31% 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.