51, SHEARWATER AVENUE, FAREHAM, PO16 8YQ - £415,000

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

51 SHEARWATER AVENUE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £415,000 in October 2022, which was around 27% below the average October 2022 detached price in the Fareham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

51 SHEARWATER AVENUE Sold Prices

Land registry data shows five sales for 51 SHEARWATER AVENUE 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. All of the five 51 SHEARWATER AVENUE 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
2022 7 OCT	£415,000	£567,264	27% below HPI
2018 7 DEC	£325,000	£455,641	29% below HPI
2009 11 DEC	£231,000	£303,488	24% below HPI
2001 6 APR	£135,000	£181,630	26% below HPI
1998 26 JUN	£102,000	£130,774	22% below HPI

51 SHEARWATER AVENUE 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 51 SHEARWATER AVENUE sales between June 1998 and October 2022 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 December 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 51 SHEARWATER AVENUE?

51 SHEARWATER AVENUE is 72m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 51 SHEARWATER AVENUE lies on this distribution: 8% of detached houses are smaller than 51 SHEARWATER AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Fareham.

51 SHEARWATER AVENUE: Plot and Title Map

51 SHEARWATER AVENUE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 51 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 51 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.

Where is 51 SHEARWATER AVENUE?

51 SHEARWATER AVENUE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 51 on SHEARWATER AVENUE.