9, SOMERVELL DRIVE, FAREHAM, PO16 7QG - £750,000

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 SOMERVELL DRIVE is a very large extended detached house of 178m², built sometime between 1950 and 1966. It was last sold for £750,000 in October 2023, which was around 38% above the average October 2023 detached price in the Fareham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

9 SOMERVELL DRIVE Sold Prices

Land registry data shows four sales for 9 SOMERVELL DRIVE 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. All of the four 9 SOMERVELL DRIVE sales were for above 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
2023 27 OCT	£750,000	£545,342	38% above HPI
2018 15 OCT	£590,000	£457,200	29% above HPI
2008 6 MAR	£499,999	£334,157	50% above HPI
2005 29 APR	£295,000	£280,719	5% above HPI

9 SOMERVELL DRIVE 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 9 SOMERVELL DRIVE sales between April 2005 and October 2023 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 October 2018 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 9 SOMERVELL DRIVE?

9 SOMERVELL DRIVE is 178m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 9 SOMERVELL DRIVE lies on this distribution: 86% of detached houses are smaller than 9 SOMERVELL DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Fareham.

9 SOMERVELL DRIVE: Plot and Title Map

9 SOMERVELL DRIVE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 9 SOMERVELL DRIVE, 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 SOMERVELL DRIVE). 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 SOMERVELL DRIVE?

9 SOMERVELL DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 9 on SOMERVELL DRIVE.