53, MILLER DRIVE, FAREHAM, PO16 7LY - £700,000

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

53 MILLER DRIVE is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £700,000 in July 2022, which was around 26% above the average July 2022 detached price in the Fareham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

53 MILLER DRIVE Sold Prices

Land registry data shows two sales for 53 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. One of the two 53 MILLER DRIVE sales was for above the average price, whilst the other was 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 8 JUL	£700,000	£556,950	26% above HPI
2018 13 APR	£340,000	£445,263	24% below HPI

53 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 53 MILLER DRIVE sales from April 2018 and July 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 April 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 53 MILLER DRIVE?

53 MILLER DRIVE is 176m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 53 MILLER DRIVE lies on this distribution: 86% of detached houses are smaller than 53 MILLER DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Fareham.

53 MILLER DRIVE: Plot and Title Map

53 MILLER DRIVE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 53 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 53 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 53 MILLER DRIVE?

53 MILLER DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 53 on MILLER DRIVE.