GREENWAYS, WHITES LANE, FAWLEY, SOUTHAMPTON, SO45 1DG - £293,000

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

GREENWAYS is a very small detached house of 67m², built sometime between 1930 and 1949. It was last sold for £293,000 in November 2022, which was around 51% below the average November 2022 detached price in the New Forest local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

GREENWAYS Sold Prices

Land registry data shows four sales for GREENWAYS 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 GREENWAYS 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
2022 29 NOV	£293,000	£594,769	51% below HPI
2009 1 SEP	£172,000	£315,532	45% below HPI
2007 13 JUN	£189,950	£340,934	44% below HPI
2002 29 AUG	£110,000	£236,344	53% below HPI

GREENWAYS 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 GREENWAYS sales between August 2002 and November 2022 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 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2022 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is GREENWAYS?

GREENWAYS is 67m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Fawley, based on EPC data. The below chart shows the distribution of detached houses by size in Fawley, and where GREENWAYS lies on this distribution: 14% of detached houses are smaller than GREENWAYS, and 86% of houses are larger. Note that EPC data is not available for all properties in Fawley.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on WHITES LANE in FAWLEY, in the SO45 postcode district. The below map shows the position of GREENWAYS on WHITES LANE.