12, FAIRMEAD WAY, TOTTON, SOUTHAMPTON, SO40 7JH - £439,950

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

12 FAIRMEAD WAY is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £439,950 in May 2017, which was around 4% below the average May 2017 detached price in the New Forest local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

12 FAIRMEAD WAY Sold Prices

Land registry data shows two sales for 12 FAIRMEAD 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 12 FAIRMEAD 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
2017 16 MAY	£439,950	£456,927	4% below HPI
2006 17 MAR	£305,000	£307,541	1% below HPI

12 FAIRMEAD 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 12 FAIRMEAD WAY sales from March 2006 and May 2017 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 March 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2017 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 FAIRMEAD WAY?

12 FAIRMEAD WAY is 89m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 12 FAIRMEAD WAY lies on this distribution: 37% of detached houses are smaller than 12 FAIRMEAD WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Totton.

12 FAIRMEAD WAY: Plot and Title Map

12 FAIRMEAD WAY sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 12 FAIRMEAD 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 12 FAIRMEAD 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 12 FAIRMEAD WAY?

12 FAIRMEAD WAY is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 12 on FAIRMEAD WAY.