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
7 FAIRFIELD GROVE is a small extended detached house of 103m², built sometime between 2003 and 2006. It was last sold for £185,000 in October 2020, which was around 5% above the average October 2020 detached price in the County Durham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 FAIRFIELD GROVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 7 FAIRFIELD GROVE 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 |
---|---|---|---|
2020 28 OCT | £185,000 | £175,528 | 5% above HPI |
2006 12 MAY | £200,000 | £175,923 | 14% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 7 FAIRFIELD GROVE sales from May 2006 and October 2020 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 May 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
7 FAIRFIELD GROVE is 103m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Murton, based on EPC data. The below chart shows the distribution of detached houses by size in Murton, and where 7 FAIRFIELD GROVE lies on this distribution: 33% of detached houses are smaller than 7 FAIRFIELD GROVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Murton.
7 FAIRFIELD GROVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 7 FAIRFIELD GROVE, 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 7 FAIRFIELD GROVE). 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.
7 FAIRFIELD GROVE is located in MURTON, in the SR7 postcode district. The below map shows the position of No. 7 on FAIRFIELD GROVE.