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
11 FAIRFIELD is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £335,000 in October 2021, which was around 24% below the average October 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 11 FAIRFIELD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the four 11 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 11 OCT | £335,000 | £439,012 | 24% below HPI |
2016 28 SEP | £261,000 | £317,573 | 18% below HPI |
2003 20 JUN | £165,000 | £195,700 | 16% below HPI |
2002 1 MAR | £138,000 | £155,077 | 11% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 11 FAIRFIELD sales between March 2002 and October 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 September 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
11 FAIRFIELD is 102m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Penperlleni, based on EPC data. The below chart shows the distribution of detached houses by size in Penperlleni, and where 11 FAIRFIELD lies on this distribution: 37% of detached houses are smaller than 11 FAIRFIELD, and 63% of houses are larger. Note that EPC data is not available for all properties in Penperlleni.
11 FAIRFIELD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 11 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 11 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.
11 FAIRFIELD is located in PENPERLLENI, in the NP4 postcode district. The below map shows the position of No. 11 on FAIRFIELD.