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
50 FAIRFIELDS is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £185,500 in July 2014, which was around 21% below the average July 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 50 FAIRFIELDS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 50 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 |
---|---|---|---|
2014 8 JUL | £185,500 | £233,984 | 21% below HPI |
2006 21 DEC | £187,000 | £246,253 | 24% below HPI |
2001 15 NOV | £93,400 | £114,357 | 18% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 50 FAIRFIELDS sales between November 2001 and July 2014 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 December 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
50 FAIRFIELDS is 104m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 50 FAIRFIELDS lies on this distribution: 29% of detached houses are smaller than 50 FAIRFIELDS, and 69% of houses are larger. Note that EPC data is not available for all properties in Alnwick.
50 FAIRFIELDS sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 50 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 50 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.
50 FAIRFIELDS is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 50 on FAIRFIELDS.