FAIRBOURNE, THE CLOSE, BRENTWOOD, CM14 4JA - £774,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FAIRBOURNE is a large extended detached house of 173m², built sometime between 1930 and 1949. It was last sold for £774,000 in November 2017, which was around 2% above the average November 2017 detached price in the Brentwood local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

FAIRBOURNE Sold Prices

Land registry data shows three sales for FAIRBOURNE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Two of the three FAIRBOURNE sales were for above the average price, whilst one was 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
2017 28 NOV	£774,000	£758,942	2% above HPI
2008 28 MAR	£561,000	£479,349	17% above HPI
2000 24 FEB	£218,000	£231,367	6% below HPI

FAIRBOURNE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The three FAIRBOURNE sales between February 2000 and November 2017 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 March 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is FAIRBOURNE?

FAIRBOURNE is 173m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses by size in Brentwood, and where FAIRBOURNE lies on this distribution: 68% of detached houses are smaller than FAIRBOURNE, and 32% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

FAIRBOURNE: Plot and Title Map

FAIRBOURNE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of FAIRBOURNE, 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 FAIRBOURNE). 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 FAIRBOURNE?

FAIRBOURNE is located on THE CLOSE in BRENTWOOD, in the CM14 postcode district. The below map shows the position of FAIRBOURNE on THE CLOSE.