11, FAIRLANE, SHAFTESBURY, SP7 8RT - £302,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 FAIRLANE is a very small extended detached house of 75m², built sometime between 1983 and 1990. It was last sold for £302,500 in November 2021, which was around 37% below the average November 2021 detached price in the Dorset local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

11 FAIRLANE Sold Prices

Land registry data shows two sales for 11 FAIRLANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two 11 FAIRLANE 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 18 NOV	£302,500	£483,631	37% below HPI
2002 22 NOV	£145,000	£236,669	39% below HPI

11 FAIRLANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two 11 FAIRLANE sales from November 2002 and November 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 November 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 FAIRLANE?

11 FAIRLANE is 75m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 11 FAIRLANE lies on this distribution: 8% of detached houses are smaller than 11 FAIRLANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

11 FAIRLANE: Plot and Title Map

11 FAIRLANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 11 FAIRLANE, 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 11 FAIRLANE). 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 11 FAIRLANE?

11 FAIRLANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 11 on FAIRLANE.