SIMAMA, TITCHFIELD LANE, WICKHAM, FAREHAM, PO17 5NY - £425,000

SIMAMA is a very small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £425,000 in July 2022, which was around 45% below the average July 2022 detached price in the Winchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

SIMAMA Sold Prices

Land registry data shows three sales for SIMAMA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three SIMAMA 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
2022 28 JUL	£425,000	£767,008	45% below HPI
2006 30 MAR	£250,000	£412,983	39% below HPI
2000 5 JUN	£149,000	£243,273	39% below HPI

SIMAMA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three SIMAMA sales between June 2000 and July 2022 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 March 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is SIMAMA?

SIMAMA is 98m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Wickham, based on EPC data. The below chart shows the distribution of detached houses by size in Wickham, and where SIMAMA lies on this distribution: 16% of detached houses are smaller than SIMAMA, and 84% of houses are larger. Note that EPC data is not available for all properties in Wickham.

SIMAMA: Plot and Title Map

SIMAMA sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of SIMAMA, 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 SIMAMA). 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 SIMAMA?

SIMAMA is located on TITCHFIELD LANE in WICKHAM, in the PO17 postcode district. The below map shows the position of SIMAMA on TITCHFIELD LANE.