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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 FAIRFIELD ROAD is a small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £194,851. 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	£434,225	54% below HPI
2007 5 APR	£171,000	£245,259	30% below HPI
2001 29 JUN	£60,000	£129,078	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.

What might 18 FAIRFIELD ROAD be worth now?

18 FAIRFIELD ROAD might now be worth an estimated £194,851.

This is based on house price deflation of 2.6%, between October 2023 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 18 FAIRFIELD ROAD of £200,000 on 25th October 2023. For the value to have decreased from £200,000 to £194,851 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 FAIRFIELD ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FAIRFIELD ROAD has not materially changed since October 2023.

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 houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bungay, and where 18 FAIRFIELD ROAD lies on this distribution: 24% of detached houses 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.