3, BARBICAN MEWS, FAREHAM, PO16 9FB - £525,000

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.

3 BARBICAN MEWS is a midsized extended detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £500,974. It was last sold for £525,000 in June 2023, which was around 7% below the average June 2023 detached price in the Fareham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

3 BARBICAN MEWS Sold Prices

Land registry data shows five sales for 3 BARBICAN MEWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the five 3 BARBICAN MEWS 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
2023 6 JUN	£525,000	£565,108	7% below HPI
2017 25 AUG	£377,500	£446,498	15% below HPI
2007 9 MAY	£325,000	£319,901	2% above HPI
2004 1 MAR	£290,000	£270,550	7% above HPI
2002 30 AUG	£269,950	£232,439	16% above HPI

3 BARBICAN MEWS 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 five 3 BARBICAN MEWS sales between August 2002 and June 2023 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 August 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 BARBICAN MEWS be worth now?

3 BARBICAN MEWS might now be worth an estimated £500,974.

This is based on house price deflation of 4.6%, between June 2023 and June 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 4.6% deflationary decrease is applied to the most recent sale price for 3 BARBICAN MEWS of £525,000 on 6th June 2023. For the value to have decreased from £525,000 to £500,974 over the two years to June 2025, the following assumptions must hold true:

• The value of 3 BARBICAN MEWS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BARBICAN MEWS has not materially changed since June 2023.

How Large is 3 BARBICAN MEWS?

3 BARBICAN MEWS is 123m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 50% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 3 BARBICAN MEWS lies on this distribution: 52% of detached houses houses are smaller than 3 BARBICAN MEWS, and 47% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

3 BARBICAN MEWS: Plot and Title Map

3 BARBICAN MEWS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 3 BARBICAN MEWS, 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 3 BARBICAN MEWS). 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 3 BARBICAN MEWS?

3 BARBICAN MEWS is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 3 on BARBICAN MEWS.