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
61 FAIRFIELD ROAD is a small extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £800,000 in May 2022, which was around 15% below the average May 2022 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2013, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows three sales for 61 FAIRFIELD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. All of the three 61 FAIRFIELD ROAD 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 12 MAY | £800,000 | £944,497 | 15% below HPI |
2014 14 MAR | £447,000 | £621,789 | 28% below HPI |
2003 25 APR | £295,000 | £421,721 | 30% below HPI |
The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The three 61 FAIRFIELD ROAD sales between April 2003 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 March 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
61 FAIRFIELD ROAD is 112m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Epping, based on EPC data. The below chart shows the distribution of detached houses by size in Epping, and where 61 FAIRFIELD ROAD lies on this distribution: 28% of detached houses are smaller than 61 FAIRFIELD ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Epping.
61 FAIRFIELD ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 61 FAIRFIELD ROAD, 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 61 FAIRFIELD ROAD). 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.
61 FAIRFIELD ROAD is located in EPPING, in the CM16 postcode district. The below map shows the position of No. 61 on FAIRFIELD ROAD.