2, MERECROFT, FAREHAM, PO15 5ET - £228,000

2 MERECROFT is a midsized detached house of 107m², built sometime between 1991 and 1995. It was last sold for £228,000 in September 2012, which was around 29% below the average September 2012 detached price in the Fareham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

2 MERECROFT Sold Prices

Land registry data shows two sales for 2 MERECROFT 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 2 MERECROFT 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
2012 4 SEP	£228,000	£319,243	29% below HPI
2010 1 FEB	£222,500	£305,884	27% below HPI

2 MERECROFT 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 2 MERECROFT sales from February 2010 and September 2012 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 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 MERECROFT?

2 MERECROFT is 107m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of detached houses in Titchfield Park, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Park, and where 2 MERECROFT lies on this distribution: 45% of detached houses are smaller than 2 MERECROFT, and 55% of houses are larger. Note that EPC data is not available for all properties in Titchfield Park.

2 MERECROFT: Plot and Title Map

2 MERECROFT sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2 MERECROFT, 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 2 MERECROFT). 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 2 MERECROFT?

2 MERECROFT is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 2 on MERECROFT.