24, FAIRLANE, SHAFTESBURY, SP7 8RT - £230,000

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

24 FAIRLANE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £230,000 in July 2018, which was around 46% below the average July 2018 detached price in the Dorset local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

24 FAIRLANE Sold Prices

Land registry data shows four sales for 24 FAIRLANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the four 24 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
2018 30 JUL	£230,000	£427,268	46% below HPI
2003 14 MAR	£134,950	£241,631	44% below HPI
1998 20 MAR	£69,000	£113,469	39% below HPI
1995 5 JAN	£55,000	£93,676	41% below HPI

24 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 four 24 FAIRLANE sales between January 1995 and July 2018 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 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 24 FAIRLANE?

24 FAIRLANE is 83m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 24 FAIRLANE lies on this distribution: 13% of detached houses are smaller than 24 FAIRLANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

24 FAIRLANE: Plot and Title Map

24 FAIRLANE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 24 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 24 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 24 FAIRLANE?

24 FAIRLANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 24 on FAIRLANE.