1, FAIRFIELDS, ALNWICK, NE66 1BT - £298,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FAIRFIELDS is a very small detached house of 88m², built sometime between 1991 and 1995, which could now be worth an estimated £328,194. It was last sold for £298,000 in June 2024, which was around 9% below the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

1 FAIRFIELDS Sold Prices

Land registry data shows four sales for 1 FAIRFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 1 FAIRFIELDS 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
2024 26 JUN	£298,000	£326,688	9% below HPI
2002 14 JUN	£103,500	£129,106	20% below HPI
2001 25 MAY	£88,000	£109,889	20% below HPI
1999 28 JUL	£78,400	£101,180	23% below HPI

1 FAIRFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 1 FAIRFIELDS sales between July 1999 and June 2024 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 FAIRFIELDS be worth now?

1 FAIRFIELDS might now be worth an estimated £328,194.

This is based on house price inflation of 10.1%, between June 2024 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 1 FAIRFIELDS of £298,000 on 26th June 2024. For the value to have increased from £298,000 to £328,194 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 1 FAIRFIELDS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2024 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRFIELDS has not materially changed since June 2024.

How Large is 1 FAIRFIELDS?

1 FAIRFIELDS is 88m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alnwick, and where 1 FAIRFIELDS lies on this distribution: 10% of detached houses houses are smaller than 1 FAIRFIELDS, and 89% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

1 FAIRFIELDS: Plot and Title Map

1 FAIRFIELDS sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 FAIRFIELDS, 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 FAIRFIELDS). 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 FAIRFIELDS?

1 FAIRFIELDS is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 1 on FAIRFIELDS.