OAKWOOD, CHAPEL LANE, FAWLEY, SOUTHAMPTON, SO45 1EB - £530,000

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

OAKWOOD is a large extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £530,000 in December 2020, which was around 4% above the average December 2020 detached price in the New Forest local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the two OAKWOOD sales was for above the average price, whilst the other was 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
2020 8 DEC	£530,000	£507,804	4% above HPI
2004 5 NOV	£175,000	£306,036	43% below HPI

OAKWOOD 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 two OAKWOOD sales from November 2004 and December 2020 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 November 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 128m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 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 OAKWOOD lies on this distribution: 75% of detached houses are smaller than OAKWOOD, and 25% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

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