FAIRBANK, OLD ODIHAM ROAD, ALTON, GU34 4BU - £480,000

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

FAIRBANK is a large extended detached house of 150m², built sometime between 1900 and 1929. It was last sold for £480,000 in January 2006, which was around 45% above the average January 2006 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

FAIRBANK Sold Prices

Land registry data shows two sales for FAIRBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. One of the two FAIRBANK sales was for above the average price, whilst the other 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
2006 30 JAN	£480,000	£332,082	45% above HPI
2000 25 AUG	£100,000	£224,189	55% below HPI

FAIRBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two FAIRBANK sales from August 2000 and January 2006 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 August 2000 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2006 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is FAIRBANK?

FAIRBANK is 150m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Alton, based on EPC data. The below chart shows the distribution of detached houses by size in Alton, and where FAIRBANK lies on this distribution: 71% of detached houses are smaller than FAIRBANK, and 29% of houses are larger. Note that EPC data is not available for all properties in Alton.

FAIRBANK: Plot and Title Map

FAIRBANK sits on a plot of roughly 1.8 acres, or 7,376m². The below map shows the location of FAIRBANK, 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 FAIRBANK). 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 FAIRBANK?

FAIRBANK is located on OLD ODIHAM ROAD in ALTON, in the GU34 postcode district. The below map shows the position of FAIRBANK on OLD ODIHAM ROAD.