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
17 FAIRFIELD is a very small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £305,000 in March 2023, which was around 37% below the average March 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 17 FAIRFIELD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 17 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 |
---|---|---|---|
2023 24 MAR | £305,000 | £480,565 | 37% below HPI |
2014 4 JUN | £190,000 | £284,318 | 33% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 17 FAIRFIELD sales from June 2014 and March 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 June 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
17 FAIRFIELD is 87m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses in Penperlleni, based on EPC data. The below chart shows the distribution of detached houses by size in Penperlleni, and where 17 FAIRFIELD lies on this distribution: 16% of detached houses are smaller than 17 FAIRFIELD, and 84% of houses are larger. Note that EPC data is not available for all properties in Penperlleni.
17 FAIRFIELD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 17 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 17 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.
17 FAIRFIELD is located in PENPERLLENI, in the NP4 postcode district. The below map shows the position of No. 17 on FAIRFIELD.