7, FAIRFIELD ROAD, LANCASTER, LA1 5NS - £202,000

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.

7 FAIRFIELD ROAD is a very small semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £320,902. It was last sold for £202,000 in June 2012, which was around 49% above the average June 2012 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

7 FAIRFIELD ROAD Sold Prices

Land registry data shows two sales for 7 FAIRFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 7 FAIRFIELD 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
2012 1 JUN	£202,000	£135,463	49% above HPI
2003 23 MAY	£115,000	£84,506	36% above HPI

7 FAIRFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 7 FAIRFIELD ROAD sales from May 2003 and June 2012 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 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2012 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 FAIRFIELD ROAD be worth now?

7 FAIRFIELD ROAD might now be worth an estimated £320,902.

This is based on house price inflation of 58.9%, between June 2012 and February 2025, for semi-detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.9% inflationary increase is applied to the most recent sale price for 7 FAIRFIELD ROAD of £202,000 on 1st June 2012. For the value to have increased from £202,000 to £320,902 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 7 FAIRFIELD ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The June 2012 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FAIRFIELD ROAD has not materially changed since June 2012.

How Large is 7 FAIRFIELD ROAD?

7 FAIRFIELD ROAD is 90m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 7 FAIRFIELD ROAD lies on this distribution: 17% of semi-detached houses houses are smaller than 7 FAIRFIELD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 FAIRFIELD ROAD: Plot and Title Map

7 FAIRFIELD ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 7 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 7 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.

Where is 7 FAIRFIELD ROAD?

7 FAIRFIELD ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 7 on FAIRFIELD ROAD.