31, THE WATERS, FAREHAM, PO17 5EL - £291,000

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

31 THE WATERS is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £291,000 in August 2014, which was around 18% below the average August 2014 detached price in the Fareham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

31 THE WATERS Sold Prices

Land registry data shows three sales for 31 THE WATERS 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. Two of the three 31 THE WATERS sales were for below the average price, whilst one was 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
2014 15 AUG	£291,000	£355,088	18% below HPI
2002 9 DEC	£234,000	£261,195	10% below HPI
1998 10 JUL	£135,000	£130,195	4% above HPI

31 THE WATERS 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 31 THE WATERS sales between July 1998 and August 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 December 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 31 THE WATERS?

31 THE WATERS is 109m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Funtley, based on EPC data. The below chart shows the distribution of detached houses by size in Funtley, and where 31 THE WATERS lies on this distribution: 40% of detached houses are smaller than 31 THE WATERS, and 58% of houses are larger. Note that EPC data is not available for all properties in Funtley.

31 THE WATERS: Plot and Title Map

31 THE WATERS sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 31 THE WATERS, 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 31 THE WATERS). 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 31 THE WATERS?

31 THE WATERS is located in FAREHAM, in the PO17 postcode district. The below map shows the position of No. 31 on THE WATERS.