FAIRWAYS, PRIESTLANDS CLOSE, WOODLANDS, SOUTHAMPTON, SO40 7GD - £299,000

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.

FAIRWAYS is a midsized extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £513,421. It was last sold for £299,000 in December 2009, which was around 12% below the average December 2009 detached price in the New Forest local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three FAIRWAYS 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
2009 21 DEC	£299,000	£339,200	12% below HPI
2004 9 DEC	£270,000	£320,026	16% below HPI
1995 28 APR	£78,000	£106,274	27% below HPI

FAIRWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three FAIRWAYS sales between April 1995 and December 2009 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2009 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £513,421.

This is based on house price inflation of 71.7%, between December 2009 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.7% inflationary increase is applied to the most recent sale price for FAIRWAYS of £299,000 on 21st December 2009. For the value to have increased from £299,000 to £513,421 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2009 sale price of £299,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since December 2009.

How Large is FAIRWAYS?

FAIRWAYS is 113m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 50% of detached houses houses in Netley Marsh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Netley Marsh, and where FAIRWAYS lies on this distribution: 56% of detached houses houses are smaller than FAIRWAYS, and 44% of houses are larger. Note that EPC data is not available for all properties in Netley Marsh.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.145 of an acre, or 587m². 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 PRIESTLANDS CLOSE in WOODLANDS, in the SO40 postcode district. The below map shows the position of FAIRWAYS on PRIESTLANDS CLOSE.