2, THE MEADOWS, FAREHAM, PO16 8UN - £508,000

2 THE MEADOWS is a midsized extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £508,000 in February 2024, which was around 5% below the average February 2024 detached price in the Fareham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE MEADOWS Sold Prices

Land registry data shows seven sales for 2 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the seven 2 THE MEADOWS 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
2024 20 FEB	£508,000	£536,371	5% below HPI
2021 19 NOV	£475,000	£531,609	11% below HPI
2016 11 NOV	£248,000	£422,489	41% below HPI
2011 25 FEB	£290,000	£310,805	7% below HPI
2009 16 DEC	£285,000	£303,488	6% below HPI
2006 3 NOV	£292,500	£301,862	3% below HPI
1997 5 DEC	£129,995	£122,733	6% above HPI

2 THE MEADOWS 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 seven 2 THE MEADOWS sales between December 1997 and February 2024 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 November 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 110m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 2 THE MEADOWS lies on this distribution: 44% of detached houses are smaller than 2 THE MEADOWS, and 55% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 THE MEADOWS: Plot and Title Map

2 THE MEADOWS sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

2 THE MEADOWS is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 2 on THE MEADOWS.