15, FAIRVIEW, CHOPPINGTON, NE62 5UH - £240,000

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

15 FAIRVIEW is a midsized detached house of 116m², built sometime between 2007 and 2011. It was last sold for £240,000 in October 2022, which was around 27% below the average October 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

15 FAIRVIEW Sold Prices

Land registry data shows two sales for 15 FAIRVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 15 FAIRVIEW 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
2022 4 OCT	£240,000	£327,541	27% below HPI
2009 7 AUG	£202,000	£234,553	14% below HPI

15 FAIRVIEW 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 two 15 FAIRVIEW sales from August 2009 and October 2022 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 August 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 FAIRVIEW?

15 FAIRVIEW is 116m² according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Stakeford, based on EPC data. The below chart shows the distribution of detached houses by size in Stakeford, and where 15 FAIRVIEW lies on this distribution: 52% of detached houses are smaller than 15 FAIRVIEW, and 48% of houses are larger. Note that EPC data is not available for all properties in Stakeford.

15 FAIRVIEW: Plot and Title Map

15 FAIRVIEW sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 15 FAIRVIEW, 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 15 FAIRVIEW). 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 15 FAIRVIEW?

15 FAIRVIEW is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 15 on FAIRVIEW.