32, WHEATLANDS, FAREHAM, PO14 4SL - £350,000

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

32 WHEATLANDS is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £350,000 in September 2018, which was around 24% below the average September 2018 detached price in the Fareham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

32 WHEATLANDS Sold Prices

Land registry data shows two sales for 32 WHEATLANDS 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 32 WHEATLANDS 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
2018 14 SEP	£350,000	£460,181	24% below HPI
2008 21 NOV	£208,000	£305,722	32% below HPI

32 WHEATLANDS 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 32 WHEATLANDS sales from November 2008 and September 2018 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 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 32 WHEATLANDS?

32 WHEATLANDS is 79m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 32 WHEATLANDS lies on this distribution: 9% of detached houses are smaller than 32 WHEATLANDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

32 WHEATLANDS: Plot and Title Map

32 WHEATLANDS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 32 WHEATLANDS, 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 32 WHEATLANDS). 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 32 WHEATLANDS?

32 WHEATLANDS is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 32 on WHEATLANDS.