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 FAIRVIEW ROAD is a very large extended semi-detached house of 154m², built sometime between 1930 and 1949. It was last sold for £750,000 in May 2023, which was around 14% above the average May 2023 detached price in the Stevenage local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 61 FAIRVIEW ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. All of the three 61 FAIRVIEW ROAD sales were for above 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 |
---|---|---|---|
2023 25 MAY | £750,000 | £657,687 | 14% above HPI |
2013 23 JUL | £359,995 | £337,560 | 7% above HPI |
2009 14 DEC | £321,000 | £315,701 | 2% above HPI |
The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The three 61 FAIRVIEW ROAD sales between December 2009 and May 2023 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 July 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
61 FAIRVIEW ROAD is 154m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses by size in Stevenage, and where 61 FAIRVIEW ROAD lies on this distribution: 80% of detached houses are smaller than 61 FAIRVIEW ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Stevenage.
61 FAIRVIEW ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 61 FAIRVIEW 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 FAIRVIEW 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 FAIRVIEW ROAD is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 61 on FAIRVIEW ROAD.