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

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 ROAD is a very small semi-detached house of 90m², built sometime between 1950 and 1966. It was last sold for £202,000 in June 2012, which was around 8% below the average June 2012 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 detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 7 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
2012 1 JUN	£202,000	£220,102	8% below HPI
2003 23 MAY	£115,000	£142,286	19% below HPI

7 FAIRFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2012 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

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 detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 7 FAIRFIELD ROAD lies on this distribution: 18% of detached houses are smaller than 7 FAIRFIELD ROAD, and 82% 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.