38, FAIRLANE, SHAFTESBURY, SP7 8RT - £227,000

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

38 FAIRLANE is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £227,000 in November 2003, which was around 13% below the average November 2003 detached price in the Dorset local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

38 FAIRLANE Sold Prices

Land registry data shows three sales for 38 FAIRLANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three 38 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
2003 14 NOV	£227,000	£259,608	13% below HPI
1999 21 DEC	£129,000	£145,826	12% below HPI
1995 4 AUG	£90,000	£92,092	2% below HPI

38 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 three 38 FAIRLANE sales between August 1995 and November 2003 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2003 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 38 FAIRLANE?

38 FAIRLANE is 114m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 38 FAIRLANE lies on this distribution: 48% of detached houses are smaller than 38 FAIRLANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

38 FAIRLANE: Plot and Title Map

38 FAIRLANE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 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 38 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 38 FAIRLANE?

38 FAIRLANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 38 on FAIRLANE.