2, COMPASS WAY, SWANWICK, SOUTHAMPTON, SO31 7PS - £245,000

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.

2 COMPASS WAY is a very small flat of 62m², built in 2016, which could now be worth an estimated £258,992. It was last sold for £245,000 in January 2018, which was around 65% above the average January 2018 flat price in the Fareham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.

2 COMPASS WAY Sold Prices

Land registry data shows one sale for 2 COMPASS WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Fareham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 31 JAN	£245,000	£148,113	65% above HPI

What might 2 COMPASS WAY be worth now?

2 COMPASS WAY might now be worth an estimated £258,992.

This is based on house price inflation of 5.7%, between January 2018 and May 2026, for flats, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 2 COMPASS WAY of £245,000 on 31st January 2018. For the value to have increased from £245,000 to £258,992 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 COMPASS WAY has moved in line with the HPI for flats in the Fareham local authority area.
• The January 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COMPASS WAY has not materially changed since January 2018.

How Large is 2 COMPASS WAY?

2 COMPASS WAY is 62m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of flats in Swanwick, based on EPC data. 18% of flats are smaller than 2 COMPASS WAY, and 79% of flats are larger. Note that EPC data is not available for all properties in Swanwick.

2 COMPASS WAY: Plot

2 COMPASS WAY sits on a plot of roughly 0.042 of an acre, or 170m².

Where is 2 COMPASS WAY?

2 COMPASS WAY is located in SWANWICK, in the SO31 postcode district.