FAIRVIEW, CHURCH TRACK, BOURTON, GILLINGHAM, SP8 5BW - £325,000

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.

FAIRVIEW is a very small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £368,388. It was last sold for £325,000 in December 2020, which was around 30% below the average December 2020 detached price in the Dorset local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows three sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. All of the three FAIRVIEW 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
2020 11 DEC	£325,000	£466,194	30% below HPI
2005 28 OCT	£225,000	£301,700	25% below HPI
2004 26 MAR	£196,500	£271,807	28% below HPI

FAIRVIEW 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 three FAIRVIEW sales between March 2004 and December 2020 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £368,388.

This is based on house price inflation of 13.4%, between December 2020 and February 2025, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for FAIRVIEW of £325,000 on 11th December 2020. For the value to have increased from £325,000 to £368,388 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of FAIRVIEW has moved in line with the HPI for detached houses in the Dorset local authority area.
• The December 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since December 2020.

How Large is FAIRVIEW?

FAIRVIEW is 99m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourton, and where FAIRVIEW lies on this distribution: 9% of detached houses houses are smaller than FAIRVIEW, and 91% of houses are larger. Note that EPC data is not available for all properties in Bourton.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on CHURCH TRACK in BOURTON, in the SP8 postcode district. The below map shows the position of FAIRVIEW on CHURCH TRACK.