1, FAIRLAWN CLOSE, ROWNHAMS, SOUTHAMPTON, SO16 8DT - £572,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FAIRLAWN CLOSE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £572,500 in October 2022, which was around 10% below the average October 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

1 FAIRLAWN CLOSE Sold Prices

Land registry data shows three sales for 1 FAIRLAWN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 1 FAIRLAWN CLOSE 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 31 OCT	£572,500	£638,967	10% below HPI
2006 26 MAY	£248,000	£332,862	25% below HPI
2000 10 MAY	£139,950	£197,682	29% below HPI

1 FAIRLAWN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 1 FAIRLAWN CLOSE sales between May 2000 and October 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 May 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 FAIRLAWN CLOSE?

1 FAIRLAWN CLOSE is 138m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 1 FAIRLAWN CLOSE lies on this distribution: 68% of detached houses are smaller than 1 FAIRLAWN CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

1 FAIRLAWN CLOSE: Plot and Title Map

1 FAIRLAWN CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 1 FAIRLAWN CLOSE, 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 1 FAIRLAWN CLOSE). 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 1 FAIRLAWN CLOSE?

1 FAIRLAWN CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 1 on FAIRLAWN CLOSE.