FAIRFIELD, NEWARK ROAD, CAUNTON, NEWARK, NG23 6AE - £420,000

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

FAIRFIELD is a large extended detached house of 200m², built sometime between 1900 and 1929. It was last sold for £420,000 in September 2016, which was around 69% above the average September 2016 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

FAIRFIELD Sold Prices

Land registry data shows two sales for FAIRFIELD 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 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
2016 1 SEP	£420,000	£248,843	69% above HPI
2015 23 JUN	£370,000	£219,537	69% above HPI

FAIRFIELD 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 sales from June 2015 and September 2016 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 June 2015 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the September 2016 sale, which was also at 69% above the HPI.

How Large is FAIRFIELD?

FAIRFIELD is 200m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Caunton, based on EPC data. The below chart shows the distribution of detached houses by size in Caunton, and where FAIRFIELD lies on this distribution: 72% of detached houses are smaller than FAIRFIELD, and 28% of houses are larger. Note that EPC data is not available for all properties in Caunton.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of FAIRFIELD, 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). 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?

FAIRFIELD is located on NEWARK ROAD in CAUNTON, in the NG23 postcode district. The below map shows the position of FAIRFIELD on NEWARK ROAD.