54, SCHOONER WAY, WARSASH, SOUTHAMPTON, SO31 9DB - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

54 SCHOONER WAY is a large detached house of 153m², built sometime between 1991 and 1995. It was last sold for £355,000 in September 2014, which was around 2% below the average September 2014 detached price in the Fareham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

54 SCHOONER WAY Sold Prices

Land registry data shows three sales for 54 SCHOONER WAY 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. Two of the three 54 SCHOONER WAY sales were for below the average price, whilst one was 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
2014 11 SEP	£355,000	£363,369	2% below HPI
2008 26 MAR	£280,000	£337,268	17% below HPI
1995 29 SEP	£118,000	£102,469	15% above HPI

54 SCHOONER WAY 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 54 SCHOONER WAY sales between September 1995 and September 2014 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 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 54 SCHOONER WAY be worth now?

54 SCHOONER WAY might now be worth an estimated £534,901.

This is based on house price inflation of 50.7%, between September 2014 and December 2024, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 54 SCHOONER WAY of £355,000 on 11th September 2014. For the value to have increased from £355,000 to £534,901 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 54 SCHOONER WAY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The September 2014 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 54 SCHOONER WAY has not materially changed since September 2014.

How Large is 54 SCHOONER WAY?

54 SCHOONER WAY is 153m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 54 SCHOONER WAY lies on this distribution: 73% of detached houses houses are smaller than 54 SCHOONER WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Warsash.

54 SCHOONER WAY: Plot and Title Map

54 SCHOONER WAY sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 54 SCHOONER WAY, 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 54 SCHOONER WAY). 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 54 SCHOONER WAY?

54 SCHOONER WAY is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 54 on SCHOONER WAY.