3, STEEPLE WAY, FAREHAM, PO14 4QJ - £282,000

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

3 STEEPLE WAY is a small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £282,000 in April 2015, which was around 25% below the average April 2015 detached price in the Fareham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

3 STEEPLE WAY Sold Prices

Land registry data shows two sales for 3 STEEPLE WAY 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 STEEPLE WAY 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
2015 28 APR	£282,000	£375,141	25% below HPI
1996 21 NOV	£74,000	£107,807	31% below HPI

3 STEEPLE WAY 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 STEEPLE WAY sales from November 1996 and April 2015 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 November 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 STEEPLE WAY?

3 STEEPLE WAY is 91m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% 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 3 STEEPLE WAY lies on this distribution: 22% of detached houses are smaller than 3 STEEPLE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

3 STEEPLE WAY: Plot and Title Map

3 STEEPLE WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 STEEPLE WAY, 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 STEEPLE WAY). 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 STEEPLE WAY?

3 STEEPLE WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 3 on STEEPLE WAY.