43, WATERSMEET, FAREHAM, PO16 0TG - £287,000

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

43 WATERSMEET is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £287,000 in November 2013, which was around 13% below the average November 2013 detached price in the Fareham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

43 WATERSMEET Sold Prices

Land registry data shows two sales for 43 WATERSMEET 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 43 WATERSMEET 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
2013 8 NOV	£287,000	£331,028	13% below HPI
1998 30 JUN	£125,000	£130,774	4% below HPI

43 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 two 43 WATERSMEET sales from June 1998 and November 2013 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 June 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 43 WATERSMEET?

43 WATERSMEET is 110m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 43 WATERSMEET lies on this distribution: 44% of detached houses are smaller than 43 WATERSMEET, and 55% of houses are larger. Note that EPC data is not available for all properties in Fareham.

43 WATERSMEET: Plot and Title Map

43 WATERSMEET sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 43 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 43 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 43 WATERSMEET?

43 WATERSMEET is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 43 on WATERSMEET.