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 FAIRLEA CRESCENT is a midsized extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £445,000 in January 2024, which was around 4% above the average January 2024 detached price in the Torridge local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was A.
Land registry data shows three sales for 2 FAIRLEA CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. One of the three 2 FAIRLEA CRESCENT sales was for above the average price, whilst two 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 |
---|---|---|---|
2024 30 JAN | £445,000 | £429,113 | 4% above HPI |
2021 10 FEB | £334,000 | £349,901 | 5% below HPI |
2015 14 AUG | £270,000 | £293,394 | 8% below HPI |
The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The three 2 FAIRLEA CRESCENT sales between August 2015 and January 2024 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 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
2 FAIRLEA CRESCENT is 98m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Northam, based on EPC data. The below chart shows the distribution of detached houses by size in Northam, and where 2 FAIRLEA CRESCENT lies on this distribution: 41% of detached houses are smaller than 2 FAIRLEA CRESCENT, and 59% of houses are larger. Note that EPC data is not available for all properties in Northam.
2 FAIRLEA CRESCENT sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 2 FAIRLEA CRESCENT, 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 FAIRLEA CRESCENT). 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.
2 FAIRLEA CRESCENT is located in NORTHAM, in the EX39 postcode district. The below map shows the position of No. 2 on FAIRLEA CRESCENT.