50, SOMERVELL DRIVE, FAREHAM, PO16 7QN - £393,000

50 SOMERVELL DRIVE is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £393,000 in June 2017, which was around 10% below the average June 2017 detached price in the Fareham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

50 SOMERVELL DRIVE Sold Prices

Land registry data shows three sales for 50 SOMERVELL DRIVE since 1^st 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. All of the three 50 SOMERVELL DRIVE 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
2017 15 JUN	£393,000	£438,506	10% below HPI
2002 22 AUG	£210,000	£230,295	9% below HPI
1999 23 APR	£107,500	£134,961	20% below HPI

50 SOMERVELL 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 three 50 SOMERVELL DRIVE sales between April 1999 and June 2017 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 August 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 50 SOMERVELL DRIVE?

50 SOMERVELL DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 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 50 SOMERVELL DRIVE lies on this distribution: 69% of detached houses are smaller than 50 SOMERVELL DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Fareham.

50 SOMERVELL DRIVE: Plot and Title Map

50 SOMERVELL DRIVE sits on a plot of roughly 17.6 acres, or 71,119m². The below map shows the location of 50 SOMERVELL 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 50 SOMERVELL 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 50 SOMERVELL DRIVE?

50 SOMERVELL DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 50 on SOMERVELL DRIVE.