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
2 THE FAIRWAY is a large detached house of 159m², built sometime between 1991 and 1995. It was last sold for £680,000 in November 2021, which was around 28% above the average November 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 2 THE FAIRWAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 2 THE FAIRWAY sales were for above 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 11 NOV | £680,000 | £531,609 | 28% above HPI |
1999 15 JUN | £205,000 | £136,063 | 51% above HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 2 THE FAIRWAY sales from June 1999 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 June 1999 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.
2 THE FAIRWAY is 159m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 2 THE FAIRWAY lies on this distribution: 76% of detached houses are smaller than 2 THE FAIRWAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Warsash.
2 THE FAIRWAY sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 2 THE FAIRWAY, 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 2 THE FAIRWAY). 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.
2 THE FAIRWAY is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 2 on THE FAIRWAY.