46, MILLER DRIVE, FAREHAM, PO16 7LJ - £388,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46 MILLER DRIVE is a midsized extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £463,679. It was last sold for £388,500 in November 2018, which was around 16% below the average November 2018 detached price in the Fareham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

46 MILLER DRIVE Sold Prices

Land registry data shows three sales for 46 MILLER DRIVE 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 46 MILLER DRIVE 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 30 NOV	£388,500	£462,658	16% below HPI
2004 30 NOV	£129,000	£290,615	56% below HPI
1997 29 MAY	£59,995	£113,940	47% below HPI

46 MILLER DRIVE 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 46 MILLER DRIVE sales between May 1997 and November 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 2004 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 46 MILLER DRIVE be worth now?

46 MILLER DRIVE might now be worth an estimated £463,679.

This is based on house price inflation of 19.4%, between November 2018 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 46 MILLER DRIVE of £388,500 on 30th November 2018. For the value to have increased from £388,500 to £463,679 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 46 MILLER DRIVE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2018 sale price of £388,500 represented a fair market value for the property.
• The size, condition, and specification of 46 MILLER DRIVE has not materially changed since November 2018.

How Large is 46 MILLER DRIVE?

46 MILLER DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 46 MILLER DRIVE lies on this distribution: 55% of detached houses houses are smaller than 46 MILLER DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Fareham.

46 MILLER DRIVE: Plot and Title Map

46 MILLER DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 46 MILLER DRIVE, 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 46 MILLER DRIVE). 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 46 MILLER DRIVE?

46 MILLER DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 46 on MILLER DRIVE.