8, MERIVALE, FLEET, GU51 4EW - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MERIVALE is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £525,000 in February 2021, which was around 19% below the average February 2021 detached price in the Hart local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

8 MERIVALE Sold Prices

Land registry data shows two sales for 8 MERIVALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Both of the two 8 MERIVALE 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
2021 26 FEB	£525,000	£645,299	19% below HPI
1998 7 AUG	£145,000	£200,439	28% below HPI

8 MERIVALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The two 8 MERIVALE sales from August 1998 and February 2021 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 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 MERIVALE?

8 MERIVALE is 125m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where 8 MERIVALE lies on this distribution: 42% of detached houses are smaller than 8 MERIVALE, and 57% of houses are larger. Note that EPC data is not available for all properties in Fleet.

8 MERIVALE: Plot and Title Map

8 MERIVALE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 8 MERIVALE, 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 MERIVALE). 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 MERIVALE?

8 MERIVALE is located in FLEET, in the GU51 postcode district. The below map shows the position of No. 8 on MERIVALE.