56, FAIRVIEW DRIVE, ROMSEY, SO51 7LR - £465,000

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

56 FAIRVIEW DRIVE is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £465,000 in February 2017, which was around 4% below the average February 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

56 FAIRVIEW DRIVE Sold Prices

Land registry data shows two sales for 56 FAIRVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two 56 FAIRVIEW DRIVE 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 17 FEB	£465,000	£484,898	4% below HPI
1995 12 JAN	£92,500	£111,482	17% below HPI

56 FAIRVIEW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 56 FAIRVIEW DRIVE sales from January 1995 and February 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 January 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 56 FAIRVIEW DRIVE?

56 FAIRVIEW DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 56 FAIRVIEW DRIVE lies on this distribution: 67% of detached houses are smaller than 56 FAIRVIEW DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Romsey.

56 FAIRVIEW DRIVE: Plot and Title Map

56 FAIRVIEW DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 56 FAIRVIEW DRIVE, 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 56 FAIRVIEW DRIVE). 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 56 FAIRVIEW DRIVE?

56 FAIRVIEW DRIVE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 56 on FAIRVIEW DRIVE.