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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRBANK is a large extended detached house of 150m², built sometime between 1900 and 1929, which could now be worth an estimated £926,035. It was last sold for £480,000 in January 2006, which was around 35% 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	£355,185	35% above HPI
2000 25 AUG	£100,000	£239,786	58% 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 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the January 2006 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might FAIRBANK be worth now?

FAIRBANK might now be worth an estimated £926,035.

This is based on house price inflation of 92.9%, between January 2006 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.9% inflationary increase is applied to the most recent sale price for FAIRBANK of £480,000 on 30th January 2006. For the value to have increased from £480,000 to £926,035 over the eighteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of FAIRBANK has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The January 2006 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRBANK has not materially changed since January 2006.

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 houses in Alton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alton, and where FAIRBANK lies on this distribution: 71% of detached houses 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.