FAIRWAYS, FAIRVIEW DRIVE, ROMSEY, SO51 7LQ - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRWAYS is a very large extended detached house of 183m², built sometime between 1991 and 1995. It was last sold for £525,000 in March 2014, which was around 37% above the average March 2014 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two FAIRWAYS sales were 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 19 MAR	£525,000	£384,122	37% above HPI
2005 1 DEC	£360,000	£320,158	12% above HPI

FAIRWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two FAIRWAYS sales from December 2005 and March 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 December 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2014 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 183m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where FAIRWAYS lies on this distribution: 86% of detached houses are smaller than FAIRWAYS, and 14% of houses are larger. Note that EPC data is not available for all properties in Romsey.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on FAIRVIEW DRIVE in ROMSEY, in the SO51 postcode district. The below map shows the position of FAIRWAYS on FAIRVIEW DRIVE.