9, MAGDALENE WAY, FAREHAM, PO14 4QY - £353,000

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

9 MAGDALENE WAY is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £353,000 in July 2017, which was around 20% below the average July 2017 detached price in the Fareham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

9 MAGDALENE WAY Sold Prices

Land registry data shows two sales for 9 MAGDALENE WAY 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 9 MAGDALENE WAY 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
2017 20 JUL	£353,000	£439,212	20% below HPI
2010 12 NOV	£275,000	£325,372	15% below HPI

9 MAGDALENE WAY 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 9 MAGDALENE WAY sales from November 2010 and July 2017 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 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 9 MAGDALENE WAY?

9 MAGDALENE WAY is 100m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 9 MAGDALENE WAY lies on this distribution: 27% of detached houses are smaller than 9 MAGDALENE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

9 MAGDALENE WAY: Plot and Title Map

9 MAGDALENE WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 9 MAGDALENE WAY, 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 9 MAGDALENE WAY). 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 9 MAGDALENE WAY?

9 MAGDALENE WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 9 on MAGDALENE WAY.