2, FAIRFIELDS, ALNWICK, NE66 1BT - £165,000

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

2 FAIRFIELDS is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £165,000 in September 2006, which was around 33% below the average September 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

2 FAIRFIELDS Sold Prices

Land registry data shows three sales for 2 FAIRFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 FAIRFIELDS 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
2006 4 SEP	£165,000	£247,084	33% below HPI
2004 19 NOV	£150,000	£221,740	32% below HPI
1999 27 AUG	£58,500	£97,730	40% below HPI

2 FAIRFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 2 FAIRFIELDS sales between August 1999 and September 2006 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 November 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2006 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 FAIRFIELDS?

2 FAIRFIELDS is 62m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 2 FAIRFIELDS lies on this distribution: 1% of detached houses are smaller than 2 FAIRFIELDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

2 FAIRFIELDS: Plot and Title Map

2 FAIRFIELDS sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 2 FAIRFIELDS, 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 FAIRFIELDS). 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 FAIRFIELDS?

2 FAIRFIELDS is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 2 on FAIRFIELDS.