5, SOMERVELL DRIVE, FAREHAM, PO16 7QG - £384,000

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.

5 SOMERVELL DRIVE is a midsized extended semi-detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £481,113. It was last sold for £384,000 in October 2017, which was around 40% above the average October 2017 semi-detached price in the Fareham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

5 SOMERVELL DRIVE Sold Prices

Land registry data shows two sales for 5 SOMERVELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. Both of the two 5 SOMERVELL DRIVE 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
2017 2 OCT	£384,000	£274,118	40% above HPI
2005 28 JUN	£249,995	£176,412	42% above HPI

5 SOMERVELL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The two 5 SOMERVELL DRIVE sales from June 2005 and October 2017 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 June 2005 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2017 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 5 SOMERVELL DRIVE be worth now?

5 SOMERVELL DRIVE might now be worth an estimated £481,113.

This is based on house price inflation of 25.3%, between October 2017 and February 2025, for semi-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 25.3% inflationary increase is applied to the most recent sale price for 5 SOMERVELL DRIVE of £384,000 on 2nd October 2017. For the value to have increased from £384,000 to £481,113 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 SOMERVELL DRIVE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The October 2017 sale price of £384,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SOMERVELL DRIVE has not materially changed since October 2017.

How Large is 5 SOMERVELL DRIVE?

5 SOMERVELL DRIVE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 5 SOMERVELL DRIVE lies on this distribution: 51% of semi-detached houses houses are smaller than 5 SOMERVELL DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 SOMERVELL DRIVE: Plot and Title Map

5 SOMERVELL DRIVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 5 SOMERVELL DRIVE, 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 5 SOMERVELL DRIVE). 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 5 SOMERVELL DRIVE?

5 SOMERVELL DRIVE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 5 on SOMERVELL DRIVE.