5, FARMHOUSE WAY, WATERLOOVILLE, PO8 9LF - £327,500

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.

5 FARMHOUSE WAY is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £362,775. It was last sold for £327,500 in March 2021, which was around 47% below the average March 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

5 FARMHOUSE WAY Sold Prices

Land registry data shows three sales for 5 FARMHOUSE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the three 5 FARMHOUSE WAY 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
2021 24 MAR	£327,500	£623,064	47% below HPI
2006 21 SEP	£222,000	£389,712	43% below HPI
1996 22 AUG	£83,000	£135,662	39% below HPI

5 FARMHOUSE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The three 5 FARMHOUSE WAY sales between August 1996 and March 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 September 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 5 FARMHOUSE WAY be worth now?

5 FARMHOUSE WAY might now be worth an estimated £362,775.

This is based on house price inflation of 10.8%, between March 2021 and March 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.8% inflationary increase is applied to the most recent sale price for 5 FARMHOUSE WAY of £327,500 on 24th March 2021. For the value to have increased from £327,500 to £362,775 over the four years to March 2025, the following assumptions must hold true:

• The value of 5 FARMHOUSE WAY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The March 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FARMHOUSE WAY has not materially changed since March 2021.

How Large is 5 FARMHOUSE WAY?

5 FARMHOUSE WAY is 82m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horndean, and where 5 FARMHOUSE WAY lies on this distribution: 18% of detached houses houses are smaller than 5 FARMHOUSE WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Horndean.

5 FARMHOUSE WAY: Plot and Title Map

5 FARMHOUSE WAY sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 5 FARMHOUSE WAY, 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 5 FARMHOUSE WAY). 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 5 FARMHOUSE WAY?

5 FARMHOUSE WAY is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 5 on FARMHOUSE WAY.