2, FAIRFIELD, FLOOKBURGH, GRANGE-OVER-SANDS, LA11 7NB - £147,500

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.

2 FAIRFIELD is a very small semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £188,443. It was last sold for £147,500 in May 2019, which was around 25% below the average May 2019 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

2 FAIRFIELD Sold Prices

Land registry data shows two sales for 2 FAIRFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 2 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
2019 1 MAY	£147,500	£197,452	25% below HPI
1999 24 SEP	£53,500	£58,950	9% below HPI

2 FAIRFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 2 FAIRFIELD sales from September 1999 and May 2019 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 September 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 FAIRFIELD be worth now?

2 FAIRFIELD might now be worth an estimated £188,443.

This is based on house price inflation of 27.8%, between May 2019 and February 2025, for semi-detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 2 FAIRFIELD of £147,500 on 1st May 2019. For the value to have increased from £147,500 to £188,443 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 2 FAIRFIELD has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The May 2019 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIRFIELD has not materially changed since May 2019.

How Large is 2 FAIRFIELD?

2 FAIRFIELD is 58m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of semi-detached houses houses in Flookburgh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Flookburgh, and where 2 FAIRFIELD lies on this distribution: 3% of semi-detached houses houses are smaller than 2 FAIRFIELD, and 95% of houses are larger. Note that EPC data is not available for all properties in Flookburgh.

2 FAIRFIELD: Plot and Title Map

2 FAIRFIELD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 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 2 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.

Where is 2 FAIRFIELD?

2 FAIRFIELD is located in FLOOKBURGH, in the LA11 postcode district. The below map shows the position of No. 2 on FAIRFIELD.