1, MEADOW WAY, FAWLEY, SOUTHAMPTON, SO45 1FP - £279,950

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 MEADOW WAY is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £279,950 in June 2021, which was around 46% below the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was B.

1 MEADOW WAY Sold Prices

Land registry data shows two sales for 1 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 1 MEADOW WAY 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
2021 29 JUN	£279,950	£516,296	46% below HPI
2013 2 AUG	£175,000	£351,071	50% below HPI

1 MEADOW WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 1 MEADOW WAY sales from August 2013 and June 2021 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 August 2013 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1 MEADOW WAY?

1 MEADOW WAY is 64m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Fawley, based on EPC data. The below chart shows the distribution of detached houses by size in Fawley, and where 1 MEADOW WAY lies on this distribution: 8% of detached houses are smaller than 1 MEADOW WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Fawley.

1 MEADOW WAY: Plot and Title Map

1 MEADOW WAY sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 1 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

1 MEADOW WAY is located in FAWLEY, in the SO45 postcode district. The below map shows the position of No. 1 on MEADOW WAY.