FAIRFIELD HOUSE, PINGLE LANE, BISHOP NORTON, MARKET RASEN, LN8 2BQ - £495,000

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

FAIRFIELD HOUSE is a very large detached house of 269m². It was last sold for £495,000 in May 2019, which was around 123% above the average May 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was B.

FAIRFIELD HOUSE Sold Prices

Land registry data shows two sales for FAIRFIELD 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 West Lindsey local authority area for the corresponding sale date. Both of the two FAIRFIELD HOUSE 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
2019 10 MAY	£495,000	£222,264	123% above HPI
2017 9 OCT	£475,000	£213,823	122% above HPI

FAIRFIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two FAIRFIELD HOUSE sales from October 2017 and May 2019 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 October 2017 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the May 2019 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is FAIRFIELD HOUSE?

FAIRFIELD HOUSE is 269m² according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Bishop Norton, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Norton, and where FAIRFIELD HOUSE lies on this distribution: 90% of detached houses are smaller than FAIRFIELD HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bishop Norton.

FAIRFIELD HOUSE: Plot and Title Map

FAIRFIELD HOUSE sits on a plot of roughly 234.5 acres, or 949,045m². The below map shows the location of FAIRFIELD 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 FAIRFIELD 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 FAIRFIELD HOUSE?

FAIRFIELD HOUSE is located on PINGLE LANE in BISHOP NORTON, in the LN8 postcode district. The below map shows the position of FAIRFIELD HOUSE on PINGLE LANE.