37, THE WATERS, FAREHAM, PO17 5EL - £425,000

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

37 THE WATERS is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £425,000 in February 2023, which was around 24% below the average February 2023 detached price in the Fareham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

37 THE WATERS Sold Prices

Land registry data shows two sales for 37 THE WATERS 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 37 THE WATERS 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
2023 2 FEB	£425,000	£562,107	24% below HPI
2021 7 OCT	£313,000	£528,718	41% below HPI

37 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 two 37 THE WATERS sales from October 2021 and February 2023 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 2021 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 37 THE WATERS?

37 THE WATERS is 86m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in Funtley, based on EPC data. The below chart shows the distribution of detached houses by size in Funtley, and where 37 THE WATERS lies on this distribution: 5% of detached houses are smaller than 37 THE WATERS, and 94% of houses are larger. Note that EPC data is not available for all properties in Funtley.

37 THE WATERS: Plot and Title Map

37 THE WATERS sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 37 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 37 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 37 THE WATERS?

37 THE WATERS is located in FAREHAM, in the PO17 postcode district. The below map shows the position of No. 37 on THE WATERS.