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
16 FAIRMEAD is a very large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £189,950 in March 2011, which was around 2% below the average March 2011 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 16 FAIRMEAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. Both of the two 16 FAIRMEAD 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 |
---|---|---|---|
2011 10 MAR | £189,950 | £193,057 | 2% below HPI |
2001 6 FEB | £70,000 | £82,894 | 16% below HPI |
The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The two 16 FAIRMEAD sales from February 2001 and March 2011 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 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2011 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
16 FAIRMEAD is 157m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 16 FAIRMEAD lies on this distribution: 81% of detached houses are smaller than 16 FAIRMEAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Yarm.
16 FAIRMEAD sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of 16 FAIRMEAD, 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 16 FAIRMEAD). 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.
16 FAIRMEAD is located in YARM, in the TS15 postcode district. The below map shows the position of No. 16 on FAIRMEAD.