1, THE PADDOCKS, FAWLEY, SOUTHAMPTON, SO45 1FL - £332,500

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.

1 THE PADDOCKS is a small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £316,732. It was last sold for £332,500 in February 2022, which was around 46% below the average February 2022 detached price in the New Forest local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

1 THE PADDOCKS Sold Prices

Land registry data shows four sales for 1 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 1 THE PADDOCKS 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 24 FEB	£332,500	£611,447	46% below HPI
2009 20 AUG	£190,000	£330,316	42% below HPI
2001 19 APR	£118,000	£200,062	41% below HPI
2000 10 MAR	£90,010	£175,390	49% below HPI

1 THE PADDOCKS 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 four 1 THE PADDOCKS sales between March 2000 and February 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 August 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 1 THE PADDOCKS be worth now?

1 THE PADDOCKS might now be worth an estimated £316,732.

This is based on house price deflation of 4.7%, between February 2022 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% deflationary decrease is applied to the most recent sale price for 1 THE PADDOCKS of £332,500 on 24th February 2022. For the value to have decreased from £332,500 to £316,732 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 THE PADDOCKS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2022 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PADDOCKS has not materially changed since February 2022.

How Large is 1 THE PADDOCKS?

1 THE PADDOCKS is 89m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses houses in Fawley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fawley, and where 1 THE PADDOCKS lies on this distribution: 37% of detached houses houses are smaller than 1 THE PADDOCKS, and 63% of houses are larger. Note that EPC data is not available for all properties in Fawley.

1 THE PADDOCKS: Plot and Title Map

1 THE PADDOCKS sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 1 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

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