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

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 midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £299,000 in December 2009, which was around 7% 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	£321,138	7% below HPI
2004 9 DEC	£270,000	£302,985	11% below HPI
1995 28 APR	£78,000	£100,615	22% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2009 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Netley Marsh, based on EPC data. The below chart shows the distribution of detached houses by size in Netley Marsh, and where FAIRWAYS lies on this distribution: 56% of detached 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.