28, FAIRFIELD ROAD, BUNGAY, NR35 1RY - £195,000

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.

28 FAIRFIELD ROAD is a midsized extended detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £278,160. It was last sold for £195,000 in June 2015, which was around 34% below the average June 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

28 FAIRFIELD ROAD Sold Prices

Land registry data shows three sales for 28 FAIRFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 28 FAIRFIELD ROAD 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
2015 16 JUN	£195,000	£296,570	34% below HPI
2003 23 MAY	£120,000	£184,177	35% below HPI
1999 19 JUL	£67,000	£96,542	31% below HPI

28 FAIRFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 28 FAIRFIELD ROAD sales between July 1999 and June 2015 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 May 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 28 FAIRFIELD ROAD be worth now?

28 FAIRFIELD ROAD might now be worth an estimated £278,160.

This is based on house price inflation of 42.6%, between June 2015 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.6% inflationary increase is applied to the most recent sale price for 28 FAIRFIELD ROAD of £195,000 on 16th June 2015. For the value to have increased from £195,000 to £278,160 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 28 FAIRFIELD ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 28 FAIRFIELD ROAD has not materially changed since June 2015.

How Large is 28 FAIRFIELD ROAD?

28 FAIRFIELD ROAD is 92m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses houses in Bungay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bungay, and where 28 FAIRFIELD ROAD lies on this distribution: 43% of detached houses houses are smaller than 28 FAIRFIELD ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Bungay.

28 FAIRFIELD ROAD: Plot and Title Map

28 FAIRFIELD ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 28 FAIRFIELD ROAD, 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 28 FAIRFIELD ROAD). 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 28 FAIRFIELD ROAD?

28 FAIRFIELD ROAD is located in BUNGAY, in the NR35 postcode district. The below map shows the position of No. 28 on FAIRFIELD ROAD.