DRIFT HOUSE, BROOK AVENUE, WARSASH, SOUTHAMPTON, SO31 9HN - £2,500,000

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

DRIFT HOUSE is a very large extended detached house of 246m², built sometime between 1950 and 1966. It was last sold for £2,500,000 in May 2019, which was around 446% above the average May 2019 detached price in the Fareham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

DRIFT HOUSE Sold Prices

Land registry data shows three sales for DRIFT HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three DRIFT HOUSE 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
2019 29 MAY	£2,500,000	£457,982	446% above HPI
2016 10 FEB	£1,900,000	£406,995	367% above HPI
2005 2 DEC	£1,400,000	£281,498	397% above HPI

DRIFT HOUSE 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 three DRIFT HOUSE sales between December 2005 and May 2019 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 February 2016 sale was for 367% above the HPI. So the extrapolation line tracks at 367% above the HPI over time, until the May 2019 sale, where it rises to 446% above the HPI. The line then continues to track at 446% above the HPI.

How Large is DRIFT HOUSE?

DRIFT HOUSE is 246m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where DRIFT HOUSE lies on this distribution: 94% of detached houses are smaller than DRIFT HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Warsash.

DRIFT HOUSE: Plot and Title Map

DRIFT HOUSE sits on a plot of roughly 1.9 acres, or 7,781m². The below map shows the location of DRIFT HOUSE, 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 DRIFT HOUSE). 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 DRIFT HOUSE?

DRIFT HOUSE is located on BROOK AVENUE in WARSASH, in the SO31 postcode district. The below map shows the position of DRIFT HOUSE on BROOK AVENUE.