1, FALCON FIELDS, FAWLEY, SOUTHAMPTON, SO45 1DE - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 FALCON FIELDS is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £315,303. It was last sold for £350,000 in September 2022, which was around 45% below the average September 2022 detached price in the New Forest local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

1 FALCON FIELDS Sold Prices

Land registry data shows four sales for 1 FALCON FIELDS 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 1 FALCON FIELDS 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 2 SEP	£350,000	£632,855	45% below HPI
2017 8 JUN	£280,000	£490,879	43% below HPI
2013 6 DEC	£221,000	£377,889	42% below HPI
2006 15 DEC	£238,000	£341,842	30% below HPI

1 FALCON FIELDS 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 1 FALCON FIELDS sales between December 2006 and September 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 June 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 1 FALCON FIELDS be worth now?

1 FALCON FIELDS might now be worth an estimated £315,303.

This is based on house price deflation of 9.9%, between September 2022 and May 2026, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.9% deflationary decrease is applied to the most recent sale price for 1 FALCON FIELDS of £350,000 on 2nd September 2022. For the value to have decreased from £350,000 to £315,303 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 1 FALCON FIELDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FALCON FIELDS has not materially changed since September 2022.

How Large is 1 FALCON FIELDS?

1 FALCON FIELDS is 87m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Fawley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fawley, and where 1 FALCON FIELDS lies on this distribution: 29% of detached houses houses are smaller than 1 FALCON FIELDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Fawley.

1 FALCON FIELDS: Plot and Title Map

1 FALCON FIELDS sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 1 FALCON FIELDS, 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 1 FALCON FIELDS). 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 1 FALCON FIELDS?

1 FALCON FIELDS is located in FAWLEY, in the SO45 postcode district. The below map shows the position of No. 1 on FALCON FIELDS.