2, FAIRFIELD WAY, STEVENAGE, SG1 6BF - £355,000

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 WAY is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £355,000 in November 2017, which was around 44% below the average November 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 FAIRFIELD WAY Sold Prices

Land registry data shows three sales for 2 FAIRFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 2 FAIRFIELD WAY 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
2017 27 NOV	£355,000	£629,015	44% below HPI
2007 28 SEP	£234,995	£395,167	41% below HPI
2002 2 AUG	£161,950	£273,420	41% below HPI

2 FAIRFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 2 FAIRFIELD WAY sales between August 2002 and November 2017 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 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 2 FAIRFIELD WAY?

2 FAIRFIELD WAY is 71m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 2 FAIRFIELD WAY lies on this distribution: 4% of detached houses are smaller than 2 FAIRFIELD WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

2 FAIRFIELD WAY: Plot and Title Map

2 FAIRFIELD WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 2 FAIRFIELD WAY, 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 WAY). 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 WAY?

2 FAIRFIELD WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 2 on FAIRFIELD WAY.