7, WATERSMEET, FAREHAM, PO16 0TE - £403,500

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 WATERSMEET is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £481,796. It was last sold for £403,500 in December 2019, which was around 13% below the average December 2019 detached price in the Fareham local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 WATERSMEET Sold Prices

Land registry data shows four sales for 7 WATERSMEET 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 7 WATERSMEET 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
2019 6 DEC	£403,500	£462,452	13% below HPI
2011 8 JUL	£284,000	£326,510	13% below HPI
2005 20 JUL	£275,000	£283,731	3% below HPI
1997 30 MAY	£125,500	£113,940	10% above HPI

7 WATERSMEET 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 7 WATERSMEET sales between May 1997 and December 2019 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 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2019 sale, which was also at 13% below the HPI.

What might 7 WATERSMEET be worth now?

7 WATERSMEET might now be worth an estimated £481,796.

This is based on house price inflation of 19.4%, between December 2019 and February 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 19.4% inflationary increase is applied to the most recent sale price for 7 WATERSMEET of £403,500 on 6th December 2019. For the value to have increased from £403,500 to £481,796 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 WATERSMEET has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2019 sale price of £403,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WATERSMEET has not materially changed since December 2019.

How Large is 7 WATERSMEET?

7 WATERSMEET is 120m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% 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 WATERSMEET lies on this distribution: 54% of detached houses houses are smaller than 7 WATERSMEET, and 45% of houses are larger. Note that EPC data is not available for all properties in Fareham.

7 WATERSMEET: Plot and Title Map

7 WATERSMEET sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 7 WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

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