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
31 FAIRFIELDS is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £180,750 in August 2019, which was around 31% below the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 31 FAIRFIELDS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 31 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 |
---|---|---|---|
2019 14 AUG | £180,750 | £261,442 | 31% below HPI |
1999 3 AUG | £62,850 | £97,730 | 36% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 31 FAIRFIELDS sales from August 1999 and August 2019 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
31 FAIRFIELDS is 84m², which includes two extensions, according to the EPC inspection conducted in September 2014. 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 31 FAIRFIELDS lies on this distribution: 6% of detached houses are smaller than 31 FAIRFIELDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Alnwick.
31 FAIRFIELDS sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 31 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 31 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.
31 FAIRFIELDS is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 31 on FAIRFIELDS.