3, FAIRFIELDS, LOOE, PL13 1HD - £207,500

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

3 FAIRFIELDS is a very small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £207,500 in December 2013, which was around 25% below the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 FAIRFIELDS Sold Prices

Land registry data shows two sales for 3 FAIRFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 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
2013 6 DEC	£207,500	£275,187	25% below HPI
2004 20 AUG	£230,000	£252,056	9% below HPI

3 FAIRFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 3 FAIRFIELDS sales from August 2004 and December 2013 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 August 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 FAIRFIELDS?

3 FAIRFIELDS is 78m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where 3 FAIRFIELDS lies on this distribution: 15% of detached houses are smaller than 3 FAIRFIELDS, and 85% of houses are larger. Note that EPC data is not available for all properties in Looe.

3 FAIRFIELDS: Plot and Title Map

3 FAIRFIELDS sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 3 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 3 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 3 FAIRFIELDS?

3 FAIRFIELDS is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 3 on FAIRFIELDS.