The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.
5 THE FAIRSTEAD is a very small extended detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £447,272. It was last sold for £425,000 in December 2024, which was around 2% below the average December 2024 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 5 THE FAIRSTEAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the three 5 THE FAIRSTEAD 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 |
---|---|---|---|
2024 12 DEC | £425,000 | £433,129 | ![]() 2% below HPI |
2022 2 AUG | £392,500 | £437,591 | ![]() 10% below HPI |
1996 13 DEC | £74,500 | £83,668 | ![]() 11% below HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three 5 THE FAIRSTEAD sales between December 1996 and December 2024 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 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
5 THE FAIRSTEAD might now be worth an estimated £447,272.
This is based on house price inflation of 5.2%, between December 2024 and February 2025, for detached houses, in the Mid Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).
The 5.2% inflationary increase is applied to the most recent sale price for 5 THE FAIRSTEAD of £425,000 on 12th December 2024. For the value to have increased from £425,000 to £447,272 over the one year and ten months to February 2025, the following assumptions must hold true:
5 THE FAIRSTEAD is 81m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses houses in Botesdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Botesdale, and where 5 THE FAIRSTEAD lies on this distribution: 13% of detached houses houses are smaller than 5 THE FAIRSTEAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Botesdale.
5 THE FAIRSTEAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 THE FAIRSTEAD, 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 5 THE FAIRSTEAD). 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.
5 THE FAIRSTEAD is located in BOTESDALE, in the IP22 postcode district. The below map shows the position of No. 5 on THE FAIRSTEAD.
Most recent sales first: