HOMEWOOD, BLACKFIELD ROAD, FAWLEY, SOUTHAMPTON, SO45 1EG - £240,000

HOMEWOOD is a small detached house of 85m², built sometime between 1900 and 1929. It was last sold for £240,000 in July 2015, which was around 40% below the average July 2015 detached price in the New Forest local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

HOMEWOOD Sold Prices

Land registry data shows four sales for HOMEWOOD 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 HOMEWOOD 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
2015 10 JUL	£240,000	£400,939	40% below HPI
2006 10 MAR	£189,950	£307,541	38% below HPI
2001 12 JUL	£120,000	£204,033	41% below HPI
1999 14 JAN	£83,500	£140,874	41% below HPI

HOMEWOOD 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 HOMEWOOD sales between January 1999 and July 2015 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 March 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is HOMEWOOD?

HOMEWOOD is 85m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where HOMEWOOD lies on this distribution: 34% of detached houses are smaller than HOMEWOOD, and 65% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

HOMEWOOD: Plot and Title Map

HOMEWOOD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of HOMEWOOD, 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 HOMEWOOD). 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 HOMEWOOD?

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