FAIRWAY, HUSSELL LANE, MEDSTEAD, ALTON, GU34 5PD - £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

FAIRWAY is a small extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £450,000 in December 2014, which was around 4% below the average December 2014 detached price in the East Hampshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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 FAIRWAY sales was for below the average price, whilst the other was 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
2014 3 DEC	£450,000	£467,459	4% below HPI
1998 28 SEP	£170,000	£166,209	2% above HPI

FAIRWAY 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 FAIRWAY sales from September 1998 and December 2014 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 September 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is FAIRWAY?

FAIRWAY is 119m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where FAIRWAY lies on this distribution: 22% of detached houses are smaller than FAIRWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Medstead.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.311 of an acre, or 1,260m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on HUSSELL LANE in MEDSTEAD, in the GU34 postcode district. The below map shows the position of FAIRWAY on HUSSELL LANE.