8, MERECROFT, FAREHAM, PO15 5ET - £86,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 MERECROFT is a midsized detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £436,055. It was last sold for £86,000 in September 1996, which was around 21% below the average September 1996 detached price in the Fareham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8 MERECROFT Sold Prices

Land registry data shows two sales for 8 MERECROFT 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 8 MERECROFT 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
1996 27 SEP	£86,000	£108,904	21% below HPI
1996 16 AUG	£86,000	£107,344	20% below HPI

8 MERECROFT 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 8 MERECROFT sales from August 1996 and September 1996 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 August 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 1996 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 MERECROFT be worth now?

8 MERECROFT might now be worth an estimated £436,055.

This is based on house price inflation of 407%, between September 1996 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 407% inflationary increase is applied to the most recent sale price for 8 MERECROFT of £86,000 on 27th September 1996. For the value to have increased from £86,000 to £436,055 over the 29 years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 MERECROFT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The September 1996 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MERECROFT has not materially changed since September 1996.

How Large is 8 MERECROFT?

8 MERECROFT is 103m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses houses in Titchfield Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Park, and where 8 MERECROFT lies on this distribution: 43% of detached houses houses are smaller than 8 MERECROFT, and 57% of houses are larger. Note that EPC data is not available for all properties in Titchfield Park.

8 MERECROFT: Plot and Title Map

8 MERECROFT sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 MERECROFT, 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 8 MERECROFT). 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 8 MERECROFT?

8 MERECROFT is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 8 on MERECROFT.