1, FAIRFIELD, MARTOCK, TA12 6DY - £375,000

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

1 FAIRFIELD is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2021, which was around 3% below the average June 2021 detached price in the Somerset local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

1 FAIRFIELD Sold Prices

Land registry data shows two sales for 1 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 Somerset local authority area for the corresponding sale date. Both of the two 1 FAIRFIELD 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
2021 28 JUN	£375,000	£386,350	3% below HPI
2018 30 NOV	£340,000	£360,810	6% below HPI

1 FAIRFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 1 FAIRFIELD sales from November 2018 and June 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 November 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 FAIRFIELD?

1 FAIRFIELD is 120m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Martock, based on EPC data. The below chart shows the distribution of detached houses by size in Martock, and where 1 FAIRFIELD lies on this distribution: 56% of detached houses are smaller than 1 FAIRFIELD, and 43% of houses are larger. Note that EPC data is not available for all properties in Martock.

1 FAIRFIELD: Plot and Title Map

1 FAIRFIELD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 1 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 1 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 1 FAIRFIELD?

1 FAIRFIELD is located in MARTOCK, in the TA12 postcode district. The below map shows the position of No. 1 on FAIRFIELD.