7, SOUTHMEAD ROAD, FAREHAM, PO15 5JX - £236,500

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

7 SOUTHMEAD ROAD is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £236,500 in November 2014, which was around 35% below the average November 2014 detached price in the Fareham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

7 SOUTHMEAD ROAD Sold Prices

Land registry data shows two sales for 7 SOUTHMEAD ROAD 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. Both of the two 7 SOUTHMEAD ROAD 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
2014 20 NOV	£236,500	£363,320	35% below HPI
2014 15 JUL	£190,000	£355,230	47% below HPI

7 SOUTHMEAD ROAD 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 SOUTHMEAD ROAD sales from July 2014 and November 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 July 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 SOUTHMEAD ROAD?

7 SOUTHMEAD ROAD is 55m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 7 SOUTHMEAD ROAD lies on this distribution: 2% of detached houses are smaller than 7 SOUTHMEAD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Fareham.

7 SOUTHMEAD ROAD: Plot and Title Map

7 SOUTHMEAD ROAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 7 SOUTHMEAD ROAD, 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 SOUTHMEAD ROAD). 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 SOUTHMEAD ROAD?

7 SOUTHMEAD ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 7 on SOUTHMEAD ROAD.