3, FAIRFIELD WAY, STEVENAGE, SG1 6BG - £194,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FAIRFIELD WAY is a very small semi-detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £358,062. It was last sold for £194,000 in May 2011, which was around 22% below the average May 2011 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

3 FAIRFIELD WAY Sold Prices

Land registry data shows two sales for 3 FAIRFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the two 3 FAIRFIELD WAY sales was for below the average price, whilst the other was roughly equal to 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
2011 20 MAY	£194,000	£250,068	22% below HPI
2001 6 DEC	£141,950	£141,578	Close to HPI

3 FAIRFIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 3 FAIRFIELD WAY sales from December 2001 and May 2011 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 December 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 FAIRFIELD WAY be worth now?

3 FAIRFIELD WAY might now be worth an estimated £358,062.

This is based on house price inflation of 84.6%, between May 2011 and February 2025, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.6% inflationary increase is applied to the most recent sale price for 3 FAIRFIELD WAY of £194,000 on 20th May 2011. For the value to have increased from £194,000 to £358,062 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 FAIRFIELD WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The May 2011 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FAIRFIELD WAY has not materially changed since May 2011.

How Large is 3 FAIRFIELD WAY?

3 FAIRFIELD WAY is 86m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of semi-detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stevenage, and where 3 FAIRFIELD WAY lies on this distribution: 12% of semi-detached houses houses are smaller than 3 FAIRFIELD WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

3 FAIRFIELD WAY: Plot and Title Map

3 FAIRFIELD WAY sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 3 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 3 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 3 FAIRFIELD WAY?

3 FAIRFIELD WAY is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 3 on FAIRFIELD WAY.