FAIRWAYS, SWAY ROAD, NEW MILTON, BH25 5QP - £500,000

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

FAIRWAYS is a very large extended detached house of 212m², built sometime between 1900 and 1929. It was last sold for £500,000 in October 2012, which was around 44% above the average October 2012 detached price in the New Forest local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows four sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 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
2012 26 OCT	£500,000	£346,999	44% above HPI
2007 7 AUG	£550,000	£347,615	58% above HPI
2003 30 MAY	£490,000	£277,736	76% above HPI
2001 2 FEB	£345,000	£186,364	85% above 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 four FAIRWAYS sales between February 2001 and October 2012 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 August 2007 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the October 2012 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 212m², which includes four extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Ashley, based on EPC data. The below chart shows the distribution of detached houses by size in Ashley, and where FAIRWAYS lies on this distribution: 98% of detached houses are smaller than FAIRWAYS, and 2% of houses are larger. Note that EPC data is not available for all properties in Ashley.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.323 of an acre, or 1,307m². 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 SWAY ROAD in NEW MILTON, in the BH25 postcode district. The below map shows the position of FAIRWAYS on SWAY ROAD.