FAIRVIEW, THE LANE, RANDWICK, STROUD, GL6 6HL - £220,000

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 71m², built sometime before 1900, which could now be worth an estimated £369,632. It was last sold for £220,000 in August 2010, which was around 32% below the average August 2010 detached price in the Stroud local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows five sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the five 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
2010 27 AUG	£220,000	£321,392	32% below HPI
2006 23 FEB	£205,000	£299,267	31% below HPI
2004 30 SEP	£196,000	£297,891	34% below HPI
2003 23 APR	£173,000	£256,448	33% below HPI
2002 10 MAY	£116,500	£205,658	43% below HPI

FAIRVIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The five FAIRVIEW sales between May 2002 and August 2010 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 February 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2010 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £369,632.

This is based on house price inflation of 68%, between August 2010 and February 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68% inflationary increase is applied to the most recent sale price for FAIRVIEW of £220,000 on 27th August 2010. For the value to have increased from £220,000 to £369,632 over the fifteen years and six 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 Stroud local authority area.
• The August 2010 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since August 2010.

How Large is FAIRVIEW?

FAIRVIEW is 71m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Randwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Randwick, 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 Randwick.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.028 of an acre, or 114m². 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 THE LANE in RANDWICK, in the GL6 postcode district. The below map shows the position of FAIRVIEW on THE LANE.