46, THE SPINNEY, FAREHAM, PO16 8QB - £505,000

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

46 THE SPINNEY is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £505,000 in November 2021, which was around 5% below the average November 2021 detached price in the Fareham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

46 THE SPINNEY Sold Prices

Land registry data shows two sales for 46 THE SPINNEY 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. One of the two 46 THE SPINNEY sales was for below the average price, whilst the other was 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 30 NOV	£505,000	£531,609	5% below HPI
1996 2 FEB	£105,000	£100,500	4% above HPI

46 THE SPINNEY 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 46 THE SPINNEY sales from February 1996 and November 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 February 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 46 THE SPINNEY?

46 THE SPINNEY is 125m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 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 46 THE SPINNEY lies on this distribution: 58% of detached houses are smaller than 46 THE SPINNEY, and 42% of houses are larger. Note that EPC data is not available for all properties in Fareham.

46 THE SPINNEY: Plot and Title Map

46 THE SPINNEY sits on a plot of roughly 0.202 of an acre, or 816m². The below map shows the location of 46 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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