FAIRMILE, BLACKFIELD ROAD, FAWLEY, SOUTHAMPTON, SO45 1EH - £540,000

FAIRMILE is a very large extended detached house of 200m², built sometime between 1930 and 1949. It was last sold for £540,000 in March 2021, which was around 8% above the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

FAIRMILE Sold Prices

Land registry data shows two sales for FAIRMILE 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 FAIRMILE 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
2021 12 MAR	£540,000	£502,106	8% above HPI
1999 25 JUN	£85,000	£142,991	41% below HPI

FAIRMILE 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 FAIRMILE sales from June 1999 and March 2021 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 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is FAIRMILE?

FAIRMILE is 200m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where FAIRMILE lies on this distribution: 95% of detached houses are smaller than FAIRMILE, and 5% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

FAIRMILE: Plot and Title Map

FAIRMILE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of FAIRMILE, 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 FAIRMILE). 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 FAIRMILE?

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