2, FAIRFIELD HILL, STOWMARKET, IP14 1NG - £305,000

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

2 FAIRFIELD HILL is a small detached house of 81m², built sometime between 1900 and 1929. It was last sold for £305,000 in July 2022, which was around 28% below the average July 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was D.

2 FAIRFIELD HILL Sold Prices

Land registry data shows two sales for 2 FAIRFIELD HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. Both of the two 2 FAIRFIELD HILL 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
2022 29 JUL	£305,000	£425,314	28% below HPI
1999 26 FEB	£75,000	£103,892	28% below HPI

2 FAIRFIELD HILL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two 2 FAIRFIELD HILL sales from February 1999 and July 2022 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 February 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2022 sale, which was also at 28% below the HPI.

How Large is 2 FAIRFIELD HILL?

2 FAIRFIELD HILL is 81m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Stowmarket, based on EPC data. The below chart shows the distribution of detached houses by size in Stowmarket, and where 2 FAIRFIELD HILL lies on this distribution: 23% of detached houses are smaller than 2 FAIRFIELD HILL, and 75% of houses are larger. Note that EPC data is not available for all properties in Stowmarket.

2 FAIRFIELD HILL: Plot and Title Map

2 FAIRFIELD HILL sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 2 FAIRFIELD HILL, 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 HILL). 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 HILL?

2 FAIRFIELD HILL is located in STOWMARKET, in the IP14 postcode district. The below map shows the position of No. 2 on FAIRFIELD HILL.