58, MILLER DRIVE, FAREHAM, PO16 7LJ - £555,000

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

58 MILLER DRIVE is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £555,000 in December 2020, which was around 15% above the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

58 MILLER DRIVE Sold Prices

Land registry data shows four sales for 58 MILLER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the four 58 MILLER 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
2020 7 DEC	£555,000	£481,195	15% above HPI
2014 1 DEC	£309,950	£367,149	16% below HPI
2013 11 NOV	£265,000	£331,028	20% below HPI
2012 15 NOV	£250,000	£317,850	21% below HPI

58 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 four 58 MILLER DRIVE sales between November 2012 and December 2020 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 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 58 MILLER DRIVE?

58 MILLER DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 58 MILLER DRIVE lies on this distribution: 34% of detached houses are smaller than 58 MILLER DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Fareham.

58 MILLER DRIVE: Plot and Title Map

58 MILLER DRIVE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 58 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 58 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 58 MILLER DRIVE?

58 MILLER DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 58 on MILLER DRIVE.