2, MILES PLACE, WARSASH, SOUTHAMPTON, SO31 9DY - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MILES PLACE is a large extended detached house of 143m², built sometime between 2003 and 2006, which could now be worth an estimated £653,745. It was last sold for £575,000 in December 2020, which was around 18% above the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 MILES PLACE Sold Prices

Land registry data shows three sales for 2 MILES PLACE 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. Two of the three 2 MILES PLACE sales were for above the average price, whilst one was 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
2020 10 DEC	£575,000	£485,675	18% above HPI
2019 24 MAY	£410,000	£462,247	11% below HPI
2006 20 FEB	£647,400	£291,279	122% above HPI

2 MILES PLACE 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 2 MILES PLACE sales between February 2006 and December 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 May 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 MILES PLACE be worth now?

2 MILES PLACE might now be worth an estimated £653,745.

This is based on house price inflation of 13.7%, between December 2020 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 2 MILES PLACE of £575,000 on 10th December 2020. For the value to have increased from £575,000 to £653,745 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 MILES PLACE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILES PLACE has not materially changed since December 2020.

How Large is 2 MILES PLACE?

2 MILES PLACE is 143m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Common, and where 2 MILES PLACE lies on this distribution: 69% of detached houses houses are smaller than 2 MILES PLACE, and 30% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

2 MILES PLACE: Plot and Title Map

2 MILES PLACE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 MILES PLACE, 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 MILES PLACE). 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 MILES PLACE?

2 MILES PLACE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 2 on MILES PLACE.