Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 FAIRFAX PLACE is a very small extended detached house of 136m², built sometime between 1967 and 1975. It was last sold for £1,275,000 in May 2022, which was around 60% below the average May 2022 detached price in the Camden local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 FAIRFAX PLACE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Camden local authority area for the corresponding sale date. All of the three 4 FAIRFAX PLACE 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 |
---|---|---|---|
2022 20 MAY | £1,275,000 | £3,186,330 | 60% below HPI |
2008 26 SEP | £850,000 | £1,650,110 | 48% below HPI |
2007 30 NOV | £670,000 | £1,552,040 | 57% below HPI |
The below graph shows the average detached house price in the Camden local authority area over time, sourced from the HPI. The three 4 FAIRFAX PLACE sales between November 2007 and May 2022 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 September 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2022 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.
4 FAIRFAX PLACE is 136m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Hampstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hampstead, and where 4 FAIRFAX PLACE lies on this distribution: 11% of detached houses are smaller than 4 FAIRFAX PLACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hampstead.
4 FAIRFAX PLACE sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 4 FAIRFAX PLACE, 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 4 FAIRFAX PLACE). 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.
4 FAIRFAX PLACE is located in LONDON, in the NW6 postcode district. The below map shows the position of No. 4 on FAIRFAX PLACE.