48, MERTON AVENUE, PORTCHESTER, FAREHAM, PO16 9NH - £470,000

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.

48 MERTON AVENUE is a very small detached house of 37m², built sometime between 1950 and 1966, which could now be worth an estimated £453,139. It was last sold for £470,000 in November 2022, which was around 18% below the average November 2022 detached price in the Fareham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

48 MERTON AVENUE Sold Prices

Land registry data shows two sales for 48 MERTON AVENUE 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 48 MERTON AVENUE 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
2022 7 NOV	£470,000	£572,733	18% below HPI
2022 11 FEB	£215,000	£541,605	60% below HPI

48 MERTON AVENUE 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 48 MERTON AVENUE sales from February 2022 and November 2022 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 2022 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the November 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 48 MERTON AVENUE be worth now?

48 MERTON AVENUE might now be worth an estimated £453,139.

This is based on house price deflation of 3.6%, between November 2022 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 3.6% deflationary decrease is applied to the most recent sale price for 48 MERTON AVENUE of £470,000 on 7th November 2022. For the value to have decreased from £470,000 to £453,139 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 48 MERTON AVENUE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2022 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MERTON AVENUE has not materially changed since November 2022.

How Large is 48 MERTON AVENUE?

48 MERTON AVENUE is 37m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 48 MERTON AVENUE lies on this distribution: Less than 1% of detached houses houses are smaller than 48 MERTON AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

48 MERTON AVENUE: Plot and Title Map

48 MERTON AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 48 MERTON AVENUE, 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 48 MERTON AVENUE). 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 48 MERTON AVENUE?

48 MERTON AVENUE is located in PORTCHESTER, in the PO16 postcode district. The below map shows the position of No. 48 on MERTON AVENUE.