7, MILLER DRIVE, FAREHAM, PO16 7LZ - £726,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MILLER DRIVE is a very large extended detached house of 171m², built sometime between 1967 and 1975, which could now be worth an estimated £730,027. It was last sold for £726,500 in March 2022, which was around 33% above the average March 2022 detached price in the Fareham local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

7 MILLER DRIVE Sold Prices

Land registry data shows two sales for 7 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 7 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 31 MAR	£726,500	£547,050	33% above HPI
2017 13 OCT	£351,000	£453,897	23% below HPI

7 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 7 MILLER DRIVE sales from October 2017 and March 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 October 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 7 MILLER DRIVE be worth now?

7 MILLER DRIVE might now be worth an estimated £730,027.

This is based on house price inflation of 0.5%, between March 2022 and March 2025, 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 0.5% inflationary increase is applied to the most recent sale price for 7 MILLER DRIVE of £726,500 on 31st March 2022. For the value to have increased from £726,500 to £730,027 over the three years to March 2025, the following assumptions must hold true:

• The value of 7 MILLER DRIVE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2022 sale price of £726,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MILLER DRIVE has not materially changed since March 2022.

How Large is 7 MILLER DRIVE?

7 MILLER DRIVE is 171m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 7 MILLER DRIVE lies on this distribution: 84% of detached houses houses are smaller than 7 MILLER DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fareham.

7 MILLER DRIVE: Plot and Title Map

7 MILLER DRIVE sits on a plot of roughly 25.0 acres, or 101,167m². The below map shows the location of 7 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 7 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 7 MILLER DRIVE?

7 MILLER DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 7 on MILLER DRIVE.