FAIRWAY, HUSSELL LANE, MEDSTEAD, ALTON, GU34 5PD - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRWAY is a small extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £616,737. It was last sold for £450,000 in December 2014, which was around 10% 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. Both of the two FAIRWAY 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
2014 3 DEC	£450,000	£499,981	10% below HPI
1998 28 SEP	£170,000	£177,772	4% below 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might FAIRWAY be worth now?

FAIRWAY might now be worth an estimated £616,737.

This is based on house price inflation of 37.1%, between December 2014 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.1% inflationary increase is applied to the most recent sale price for FAIRWAY of £450,000 on 3rd December 2014. For the value to have increased from £450,000 to £616,737 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of FAIRWAY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The December 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAY has not materially changed since December 2014.

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 houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medstead, and where FAIRWAY lies on this distribution: 22% of detached houses 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.