1, MONKS WAY, FAREHAM, PO14 3LU - £675,000

1 MONKS WAY is a midsized detached house of 164m², built sometime between 1950 and 1966. It was last sold for £675,000 in September 2020, which was around 43% above the average September 2020 detached price in the Fareham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was D.

1 MONKS WAY Sold Prices

Land registry data shows three sales for 1 MONKS WAY 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 1 MONKS WAY 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
2020 25 SEP	£675,000	£473,585	43% above HPI
2005 17 JAN	£385,000	£289,178	33% above HPI
2001 12 JUL	£252,950	£192,263	32% above HPI

1 MONKS 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 three 1 MONKS WAY sales between July 2001 and September 2020 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 January 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2020 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 1 MONKS WAY?

1 MONKS WAY is 164m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses in Hill Head, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Head, and where 1 MONKS WAY lies on this distribution: 55% of detached houses are smaller than 1 MONKS WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Hill Head.

1 MONKS WAY: Plot and Title Map

1 MONKS WAY sits on a plot of roughly 0.205 of an acre, or 828m². The below map shows the location of 1 MONKS 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 1 MONKS 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 1 MONKS WAY?

1 MONKS WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 1 on MONKS WAY.