CHANSE HOUSE, ADMIRALS CLOSE, FAWLEY, SOUTHAMPTON, SO45 1FQ - £425,000

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

CHANSE HOUSE is a very large extended detached house of 233m², built sometime between 2003 and 2006. It was last sold for £425,000 in January 2007, which was around 31% above the average January 2007 detached price in the New Forest local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

CHANSE HOUSE Sold Prices

Land registry data shows three sales for CHANSE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Two of the three CHANSE HOUSE sales were for above the average price, whilst one was 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
2007 26 JAN	£425,000	£325,582	31% above HPI
2004 29 OCT	£400,000	£305,714	31% above HPI
2004 8 MAR	£145,000	£286,280	49% below HPI

CHANSE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three CHANSE HOUSE sales between March 2004 and January 2007 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 October 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2007 sale, which was also at 31% above the HPI.

How Large is CHANSE HOUSE?

CHANSE HOUSE is 233m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Fawley, based on EPC data. The below chart shows the distribution of detached houses by size in Fawley, and where CHANSE HOUSE lies on this distribution: More than 99% of detached houses are smaller than CHANSE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Fawley.

CHANSE HOUSE: Plot and Title Map

CHANSE HOUSE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of CHANSE HOUSE, 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 CHANSE HOUSE). 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 CHANSE HOUSE?

CHANSE HOUSE is located on ADMIRALS CLOSE in FAWLEY, in the SO45 postcode district. The below map shows the position of CHANSE HOUSE on ADMIRALS CLOSE.