FAIRFAX HOUSE, CROSSING ROAD, PALGRAVE, DISS, IP22 1AW - £445,000

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

FAIRFAX HOUSE is a small extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £445,000 in September 2021, which was around 14% above the average September 2021 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

FAIRFAX HOUSE Sold Prices

Land registry data shows two sales for FAIRFAX HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. One of the two FAIRFAX HOUSE sales was for above the average price, whilst the other 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
2021 13 SEP	£445,000	£389,810	14% above HPI
2019 3 MAY	£235,000	£364,129	35% below HPI

FAIRFAX HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The two FAIRFAX HOUSE sales from May 2019 and September 2021 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is FAIRFAX HOUSE?

FAIRFAX HOUSE is 111m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Palgrave, based on EPC data. The below chart shows the distribution of detached houses by size in Palgrave, and where FAIRFAX HOUSE lies on this distribution: 24% of detached houses are smaller than FAIRFAX HOUSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Palgrave.

FAIRFAX HOUSE: Plot and Title Map

FAIRFAX HOUSE sits on a plot of roughly 0.312 of an acre, or 1,263m². The below map shows the location of FAIRFAX HOUSE, 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 FAIRFAX HOUSE). 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 FAIRFAX HOUSE?

FAIRFAX HOUSE is located on CROSSING ROAD in PALGRAVE, in the IP22 postcode district. The below map shows the position of FAIRFAX HOUSE on CROSSING ROAD.