3, FAIRLANE, SHAFTESBURY, SP7 8RT - £300,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 FAIRLANE is a small detached house of 105m², built sometime between 1983 and 1990. It was last sold for £300,000 in December 2017, which was around 29% below the average December 2017 detached price in the Dorset local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 FAIRLANE Sold Prices

Land registry data shows two sales for 3 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 3 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
2017 5 DEC	£300,000	£423,933	29% below HPI
1999 26 MAR	£105,000	£128,091	18% below HPI

3 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 3 FAIRLANE sales from March 1999 and December 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 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 FAIRLANE?

3 FAIRLANE is 105m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 3 FAIRLANE lies on this distribution: 37% of detached houses are smaller than 3 FAIRLANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

3 FAIRLANE: Plot and Title Map

3 FAIRLANE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 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 3 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 3 FAIRLANE?

3 FAIRLANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 3 on FAIRLANE.