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
49 SHEARWATER AVENUE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £243,500 in March 2005, which was around 13% below the average March 2005 detached price in the Fareham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 49 SHEARWATER AVENUE since 1st 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. Two of the three 49 SHEARWATER AVENUE sales were for below the average price, whilst one 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 |
---|---|---|---|
2005 21 MAR | £243,500 | £280,104 | 13% below HPI |
2000 15 JUN | £147,000 | £164,594 | 11% below HPI |
1995 18 MAY | £103,000 | £99,845 | 3% above HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 49 SHEARWATER AVENUE sales between May 1995 and March 2005 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 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2005 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
49 SHEARWATER AVENUE is 93m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 49 SHEARWATER AVENUE lies on this distribution: 27% of detached houses are smaller than 49 SHEARWATER AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fareham.
49 SHEARWATER AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 49 SHEARWATER 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 49 SHEARWATER 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.
49 SHEARWATER AVENUE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 49 on SHEARWATER AVENUE.