18, FAIRFIELD ROAD, BUNGAY, NR35 1RY - £200,000

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

18 FAIRFIELD ROAD is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £200,000 in October 2023, which was around 54% below the average October 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

18 FAIRFIELD ROAD Sold Prices

Land registry data shows three sales for 18 FAIRFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 18 FAIRFIELD ROAD 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 25 OCT	£200,000	£434,532	54% below HPI
2007 5 APR	£171,000	£245,221	30% below HPI
2001 29 JUN	£60,000	£129,058	54% below HPI

18 FAIRFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 18 FAIRFIELD ROAD sales between June 2001 and October 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 April 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 18 FAIRFIELD ROAD?

18 FAIRFIELD ROAD is 77m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses by size in Bungay, and where 18 FAIRFIELD ROAD lies on this distribution: 24% of detached houses are smaller than 18 FAIRFIELD ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Bungay.

18 FAIRFIELD ROAD: Plot and Title Map

18 FAIRFIELD ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 18 FAIRFIELD ROAD, 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 ROAD). 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 18 FAIRFIELD ROAD?

18 FAIRFIELD ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 18 on FAIRFIELD ROAD.