39, WATERSMEET, FAREHAM, PO16 0TG - £543,000

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

39 WATERSMEET is a very large extended detached house of 196m², built sometime between 1996 and 2002. It was last sold for £543,000 in October 2021, which was around 3% above the average October 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

39 WATERSMEET Sold Prices

Land registry data shows three sales for 39 WATERSMEET 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 39 WATERSMEET 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
2021 22 OCT	£543,000	£528,718	3% above HPI
2007 17 AUG	£349,950	£329,162	6% above HPI
1998 30 JUN	£140,500	£130,774	7% above HPI

39 WATERSMEET 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 39 WATERSMEET sales between June 1998 and October 2021 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 August 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 39 WATERSMEET?

39 WATERSMEET is 196m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 39 WATERSMEET lies on this distribution: 91% of detached houses are smaller than 39 WATERSMEET, and 9% of houses are larger. Note that EPC data is not available for all properties in Fareham.

39 WATERSMEET: Plot and Title Map

39 WATERSMEET sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 39 WATERSMEET, 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 39 WATERSMEET). 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 39 WATERSMEET?

39 WATERSMEET is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 39 on WATERSMEET.