7, FAIRLIE CLOSE, HEDGE END, SOUTHAMPTON, SO30 4WQ - £500,000

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 FAIRLIE CLOSE is a large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2023, which was around 6% below the average August 2023 detached price in the Eastleigh local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

7 FAIRLIE CLOSE Sold Prices

Land registry data shows four sales for 7 FAIRLIE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Most of the four 7 FAIRLIE CLOSE 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
2023 4 AUG	£500,000	£533,351	6% below HPI
2002 12 APR	£213,000	£209,852	1% above HPI
2000 30 NOV	£168,500	£182,269	8% below HPI
1997 19 DEC	£112,000	£121,028	7% below HPI

7 FAIRLIE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The four 7 FAIRLIE CLOSE sales between December 1997 and August 2023 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 April 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 FAIRLIE CLOSE?

7 FAIRLIE CLOSE is 140m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 7 FAIRLIE CLOSE lies on this distribution: 74% of detached houses are smaller than 7 FAIRLIE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

7 FAIRLIE CLOSE: Plot and Title Map

7 FAIRLIE CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 7 FAIRLIE CLOSE, 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 FAIRLIE CLOSE). 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 FAIRLIE CLOSE?

7 FAIRLIE CLOSE is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 7 on FAIRLIE CLOSE.