Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 FAIRFORD CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £337,500 in November 2023, which was around 24% below the average November 2023 detached price in the Somerset local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 FAIRFORD CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the three 1 FAIRFORD CLOSE 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 |
---|---|---|---|
2023 27 NOV | £337,500 | £442,226 | 24% below HPI |
2012 10 FEB | £172,500 | £264,233 | 35% below HPI |
2007 16 NOV | £215,000 | £298,845 | 28% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three 1 FAIRFORD CLOSE sales between November 2007 and November 2023 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 February 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
1 FAIRFORD CLOSE is 61m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Highbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Highbridge, and where 1 FAIRFORD CLOSE lies on this distribution: 2% of detached houses are smaller than 1 FAIRFORD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Highbridge.
1 FAIRFORD CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 1 FAIRFORD CLOSE, 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 FAIRFORD CLOSE). 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.
1 FAIRFORD CLOSE is located in HIGHBRIDGE, in the TA9 postcode district. The below map shows the position of No. 1 on FAIRFORD CLOSE.