9, FAIRFIELD CLOSE, LANGHAM, OAKHAM, LE15 7JQ - £247,000

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

9 FAIRFIELD CLOSE is a very small detached house of 103m², built sometime between 1950 and 1966. It was last sold for £247,000 in November 2015, which was around 28% below the average November 2015 detached price in the Rutland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

9 FAIRFIELD CLOSE Sold Prices

Land registry data shows three sales for 9 FAIRFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 9 FAIRFIELD CLOSE 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
2015 27 NOV	£247,000	£340,783	28% below HPI
2013 13 SEP	£205,000	£304,394	33% below HPI
2001 19 MAR	£109,000	£154,065	29% below HPI

9 FAIRFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 9 FAIRFIELD CLOSE sales between March 2001 and November 2015 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 September 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 FAIRFIELD CLOSE?

9 FAIRFIELD CLOSE is 103m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 9 FAIRFIELD CLOSE lies on this distribution: 19% of detached houses are smaller than 9 FAIRFIELD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Langham.

9 FAIRFIELD CLOSE: Plot and Title Map

9 FAIRFIELD CLOSE sits on a plot of roughly 0.199 of an acre, or 807m². The below map shows the location of 9 FAIRFIELD CLOSE, 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 9 FAIRFIELD CLOSE). 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 9 FAIRFIELD CLOSE?

9 FAIRFIELD CLOSE is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 9 on FAIRFIELD CLOSE.