87, MEADOWBANK ROAD, FAREHAM, PO15 5LE - £345,000

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

87 MEADOWBANK ROAD is a very small extended detached house of 65m², built sometime between 1950 and 1966. It was last sold for £345,000 in March 2021, which was around 28% below the average March 2021 detached price in the Fareham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

87 MEADOWBANK ROAD Sold Prices

Land registry data shows two sales for 87 MEADOWBANK 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 87 MEADOWBANK 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
2021 19 MAR	£345,000	£477,603	28% below HPI
2017 14 NOV	£295,000	£450,648	35% below HPI

87 MEADOWBANK 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 87 MEADOWBANK ROAD sales from November 2017 and March 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 November 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 87 MEADOWBANK ROAD?

87 MEADOWBANK ROAD is 65m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 87 MEADOWBANK ROAD lies on this distribution: 5% of detached houses are smaller than 87 MEADOWBANK ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Fareham.

87 MEADOWBANK ROAD: Plot and Title Map

87 MEADOWBANK ROAD sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 87 MEADOWBANK 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 87 MEADOWBANK 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 87 MEADOWBANK ROAD?

87 MEADOWBANK ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 87 on MEADOWBANK ROAD.