51, MEADOWBANK ROAD, FAREHAM, PO15 5LE - £307,000

51 MEADOWBANK ROAD is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £307,000 in October 2017, which was around 32% below the average October 2017 detached price in the Fareham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

51 MEADOWBANK ROAD Sold Prices

Land registry data shows five sales for 51 MEADOWBANK ROAD 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. All of the five 51 MEADOWBANK ROAD 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
2017 31 OCT	£307,000	£449,710	32% below HPI
2010 4 JUN	£187,000	£306,667	39% below HPI
2003 23 DEC	£167,000	£267,232	38% below HPI
2003 15 AUG	£160,000	£270,173	41% below HPI
2001 12 JUL	£114,000	£192,263	41% below HPI

51 MEADOWBANK ROAD 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 51 MEADOWBANK ROAD sales between July 2001 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 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 51 MEADOWBANK ROAD?

51 MEADOWBANK ROAD is 70m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 51 MEADOWBANK ROAD lies on this distribution: 7% of detached houses are smaller than 51 MEADOWBANK ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Fareham.

51 MEADOWBANK ROAD: Plot and Title Map

51 MEADOWBANK ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 51 MEADOWBANK ROAD, 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 51 MEADOWBANK ROAD). 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 51 MEADOWBANK ROAD?

51 MEADOWBANK ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 51 on MEADOWBANK ROAD.