FAIRFIELD HOUSE, SCHOOL LANE, HALAM, NEWARK, NG22 8AD - £850,000

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 extended detached house of 294m², built sometime between 1967 and 1975. It was last sold for £850,000 in September 2017, which was around 228% above the average September 2017 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

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 Newark and Sherwood 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
2017 22 SEP	£850,000	£259,345	228% above HPI
2008 23 MAY	£635,000	£215,668	194% above HPI

FAIRFIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The two FAIRFIELD HOUSE sales from May 2008 and September 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 May 2008 sale was for 194% above the HPI. So the extrapolation line tracks at 194% above the HPI over time, until the September 2017 sale, where it rises to 228% above the HPI. The line then continues to track at 228% above the HPI.

How Large is FAIRFIELD HOUSE?

FAIRFIELD HOUSE is 294m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses in Halam, based on EPC data. The below chart shows the distribution of detached houses by size in Halam, and where FAIRFIELD HOUSE lies on this distribution: 86% of detached houses are smaller than FAIRFIELD HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Halam.

FAIRFIELD HOUSE: Plot and Title Map

FAIRFIELD HOUSE sits on a plot of roughly 8.6 acres, or 34,975m². 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 SCHOOL LANE in HALAM, in the NG22 postcode district. The below map shows the position of FAIRFIELD HOUSE on SCHOOL LANE.