LAURIL, BLACKFIELD ROAD, FAWLEY, SOUTHAMPTON, SO45 1EH - £450,000

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

LAURIL is a small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £450,000 in February 2023, which was around 23% below the average February 2023 detached price in the New Forest local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

LAURIL Sold Prices

Land registry data shows three sales for LAURIL 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 LAURIL 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
2023 13 FEB	£450,000	£583,970	23% below HPI
2016 30 SEP	£318,500	£441,498	28% below HPI
2014 15 SEP	£250,000	£387,162	35% below HPI

LAURIL 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 LAURIL sales between September 2014 and February 2023 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is LAURIL?

LAURIL is 81m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 30% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where LAURIL lies on this distribution: 26% of detached houses are smaller than LAURIL, and 71% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

LAURIL: Plot and Title Map

LAURIL sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of LAURIL, 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 LAURIL). 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 LAURIL?

LAURIL is located on BLACKFIELD ROAD in FAWLEY, in the SO45 postcode district. The below map shows the position of LAURIL on BLACKFIELD ROAD.