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
4 FAIRFIELD DRIVE is a very small extended detached house of 64m², built sometime between 1983 and 1990. It was last sold for £187,000 in June 2016, which was around 39% below the average June 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 FAIRFIELD DRIVE since 1st 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 4 FAIRFIELD DRIVE 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 |
---|---|---|---|
2016 20 JUN | £187,000 | £306,179 | 39% below HPI |
2003 27 JUN | £110,000 | £185,377 | 41% below HPI |
2000 13 MAR | £20,000 | £103,539 | 81% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 4 FAIRFIELD DRIVE sales between March 2000 and June 2016 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 June 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
4 FAIRFIELD DRIVE is 64m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 4 FAIRFIELD DRIVE lies on this distribution: 9% of detached houses are smaller than 4 FAIRFIELD DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
4 FAIRFIELD DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 4 FAIRFIELD DRIVE, 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 FAIRFIELD DRIVE). 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 FAIRFIELD DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 4 on FAIRFIELD DRIVE.