FAIRMEAD, BOURTON, GILLINGHAM, SP8 5BS - £450,000

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

FAIRMEAD is a very small extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £450,000 in October 2021, which was around 5% below the average October 2021 detached price in the Dorset local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was D.

FAIRMEAD Sold Prices

Land registry data shows two sales for FAIRMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. Both of the two FAIRMEAD 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
2021 29 OCT	£450,000	£475,903	5% below HPI
1996 29 NOV	£81,000	£99,585	19% below HPI

FAIRMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The two FAIRMEAD sales from November 1996 and October 2021 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 November 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is FAIRMEAD?

FAIRMEAD is 105m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Bourton, and where FAIRMEAD lies on this distribution: 14% of detached houses are smaller than FAIRMEAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Bourton.

FAIRMEAD: Plot and Title Map

FAIRMEAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of FAIRMEAD, 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 FAIRMEAD). 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 FAIRMEAD?

FAIRMEAD is located in BOURTON, in the SP8 postcode district. The below map shows the position of FAIRMEAD in BOURTON.