5, WATERSMEET, FAREHAM, PO16 0TE - £281,995

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 WATERSMEET is a midsized detached house of 122m², built sometime between 1996 and 2002. It was last sold for £281,995 in December 2004, which was around 3% below the average December 2004 detached price in the Fareham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

5 WATERSMEET Sold Prices

Land registry data shows five sales for 5 WATERSMEET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the five 5 WATERSMEET 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
2004 17 DEC	£281,995	£289,904	3% below HPI
2003 25 MAR	£249,000	£260,398	4% below HPI
2001 7 SEP	£202,500	£205,934	2% below HPI
2000 7 JAN	£156,000	£154,608	1% above HPI
1997 29 AUG	£118,000	£119,754	1% below HPI

5 WATERSMEET 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 five 5 WATERSMEET sales between August 1997 and December 2004 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 March 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2004 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 WATERSMEET?

5 WATERSMEET is 122m² according to the EPC inspection conducted in February 2014. 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 5 WATERSMEET lies on this distribution: 56% of detached houses are smaller than 5 WATERSMEET, and 44% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 WATERSMEET: Plot and Title Map

5 WATERSMEET sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

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