7, FAIRLANE, SHAFTESBURY, SP7 8RT - £305,000

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

7 FAIRLANE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £305,000 in September 2020, which was around 29% below the average September 2020 detached price in the Dorset local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

7 FAIRLANE Sold Prices

Land registry data shows two sales for 7 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 7 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
2020 7 SEP	£305,000	£427,453	29% below HPI
2006 8 JUN	£243,500	£300,517	19% below HPI

7 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 7 FAIRLANE sales from June 2006 and September 2020 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 FAIRLANE?

7 FAIRLANE is 92m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Shaftesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Shaftesbury, and where 7 FAIRLANE lies on this distribution: 26% of detached houses are smaller than 7 FAIRLANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Shaftesbury.

7 FAIRLANE: Plot and Title Map

7 FAIRLANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 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 7 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 7 FAIRLANE?

7 FAIRLANE is located in SHAFTESBURY, in the SP7 postcode district. The below map shows the position of No. 7 on FAIRLANE.