FAIRFIELD, THE CLOSE, SWAY, LYMINGTON, SO41 6ED - £485,000

FAIRFIELD is a midsized detached house of 120m², built sometime between 1976 and 1982. It was last sold for £485,000 in June 2012, which was around 44% above the average June 2012 detached price in the New Forest local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

FAIRFIELD Sold Prices

Land registry data shows two sales for FAIRFIELD 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. Both of the two FAIRFIELD 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 7 JUN	£485,000	£337,505	44% above HPI
1995 15 DEC	£130,000	£100,493	29% above HPI

FAIRFIELD 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 FAIRFIELD sales from December 1995 and June 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 December 1995 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2012 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is FAIRFIELD?

FAIRFIELD is 120m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where FAIRFIELD lies on this distribution: 46% of detached houses are smaller than FAIRFIELD, and 54% of houses are larger. Note that EPC data is not available for all properties in Sway.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of FAIRFIELD, 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 FAIRFIELD). 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 FAIRFIELD?

FAIRFIELD is located on THE CLOSE in SWAY, in the SO41 postcode district. The below map shows the position of FAIRFIELD on THE CLOSE.