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
15 FAIRWAY ROAD is a very large extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £510,000 in January 2023, which was around 14% below the average January 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 15 FAIRWAY ROAD since 1st 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 15 FAIRWAY ROAD 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 |
---|---|---|---|
2023 20 JAN | £510,000 | £593,112 | 14% below HPI |
2012 13 DEC | £277,000 | £346,319 | 20% below HPI |
2005 29 JUN | £280,000 | £301,819 | 7% below HPI |
1998 28 MAY | £114,000 | £131,110 | 13% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 15 FAIRWAY ROAD sales between May 1998 and January 2023 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 December 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
15 FAIRWAY ROAD is 159m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Hythe, based on EPC data. The below chart shows the distribution of detached houses by size in Hythe, and where 15 FAIRWAY ROAD lies on this distribution: 90% of detached houses are smaller than 15 FAIRWAY ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Hythe.
15 FAIRWAY ROAD sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 15 FAIRWAY ROAD, 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 15 FAIRWAY ROAD). 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.
15 FAIRWAY ROAD is located in HYTHE, in the SO45 postcode district. The below map shows the position of No. 15 on FAIRWAY ROAD.