59, MILLER DRIVE, FAREHAM, PO16 7LY - £425,000

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

59 MILLER DRIVE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £425,000 in July 2018, which was around 7% below the average July 2018 detached price in the Fareham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

59 MILLER DRIVE Sold Prices

Land registry data shows four sales for 59 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 59 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
2018 18 JUL	£425,000	£459,184	7% below HPI
2017 15 DEC	£410,000	£451,968	9% below HPI
2009 17 AUG	£299,000	£283,177	6% above HPI
1997 29 MAY	£102,000	£112,889	10% below HPI

59 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 59 MILLER DRIVE sales between May 1997 and July 2018 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 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 59 MILLER DRIVE?

59 MILLER DRIVE is 119m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 59 MILLER DRIVE lies on this distribution: 54% of detached houses are smaller than 59 MILLER DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Fareham.

59 MILLER DRIVE: Plot and Title Map

59 MILLER DRIVE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 59 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 59 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 59 MILLER DRIVE?

59 MILLER DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 59 on MILLER DRIVE.