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

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 WATERSMEET is a midsized detached house of 120m², built sometime between 1976 and 1982. It was last sold for £403,500 in December 2019, which was around 12% 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	£458,186	12% below HPI
2011 8 JUL	£284,000	£323,498	12% below HPI
2005 20 JUL	£275,000	£281,113	2% below HPI
1997 30 MAY	£125,500	£112,889	11% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2019 sale, which was also at 12% below the HPI.

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 in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 7 WATERSMEET lies on this distribution: 54% of detached 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.