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
18 FAIRFIELD AVENUE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £225,000 in February 2021, which was around 21% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 FAIRFIELD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 18 FAIRFIELD AVENUE 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 12 FEB | £225,000 | £283,940 | 21% below HPI |
2016 28 OCT | £186,000 | £249,591 | 25% below HPI |
2015 12 MAR | £160,000 | £233,586 | 32% below HPI |
1999 1 APR | £78,000 | £90,776 | 14% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 18 FAIRFIELD AVENUE sales between April 1999 and February 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 October 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
18 FAIRFIELD AVENUE is 94m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 18 FAIRFIELD AVENUE lies on this distribution: 32% of detached houses are smaller than 18 FAIRFIELD AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Blyth.
18 FAIRFIELD AVENUE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 18 FAIRFIELD AVENUE, 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 18 FAIRFIELD AVENUE). 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.
18 FAIRFIELD AVENUE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 18 on FAIRFIELD AVENUE.