5, MILLER DRIVE, FAREHAM, PO16 7NA - £1,175,000

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

5 MILLER DRIVE is a very large extended detached house of 302m², built sometime between 1950 and 1966. It was last sold for £1,175,000 in July 2024, which was around 116% above the average July 2024 detached price in the Fareham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was B.

5 MILLER DRIVE Sold Prices

Land registry data shows two sales for 5 MILLER DRIVE 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 5 MILLER DRIVE sales were 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
2024 3 JUL	£1,175,000	£543,457	116% above HPI
2021 18 OCT	£585,000	£528,718	11% above HPI

5 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 two 5 MILLER DRIVE sales from October 2021 and July 2024 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 October 2021 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2024 sale, where it rises to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is 5 MILLER DRIVE?

5 MILLER DRIVE is 302m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 5 MILLER DRIVE lies on this distribution: 99% of detached houses are smaller than 5 MILLER DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 MILLER DRIVE: Plot and Title Map

5 MILLER DRIVE sits on a plot of roughly 25.0 acres, or 101,167m². The below map shows the location of 5 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 5 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 5 MILLER DRIVE?

5 MILLER DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 5 on MILLER DRIVE.