FAIRLEA, SALISBURY ROAD, BROUGHTON, STOCKBRIDGE, SO20 8BX - £675,000

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

FAIRLEA is a large extended detached house of 233m², built sometime between 1900 and 1929. It was last sold for £675,000 in July 2005, which was around 108% above the average July 2005 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

FAIRLEA Sold Prices

Land registry data shows two sales for FAIRLEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two FAIRLEA sales were for above 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
2005 4 JUL	£675,000	£324,705	108% above HPI
2003 11 APR	£325,000	£300,418	8% above HPI

FAIRLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two FAIRLEA sales from April 2003 and July 2005 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 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2005 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is FAIRLEA?

FAIRLEA is 233m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Broughton, and where FAIRLEA lies on this distribution: 76% of detached houses are smaller than FAIRLEA, and 24% of houses are larger. Note that EPC data is not available for all properties in Broughton.

FAIRLEA: Plot and Title Map

FAIRLEA sits on a plot of roughly 0.513 of an acre, or 2,076m². The below map shows the location of FAIRLEA, 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 FAIRLEA). 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 FAIRLEA?

FAIRLEA is located on SALISBURY ROAD in BROUGHTON, in the SO20 postcode district. The below map shows the position of FAIRLEA on SALISBURY ROAD.