FAIRFIELD, REED BOTTOMS, AMBLESIDE, LA22 0RB - £330,000

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 very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £330,000 in July 2019, which was around 5% above the average July 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

FAIRFIELD Sold Prices

Land registry data shows three sales for FAIRFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 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
2019 2 JUL	£330,000	£315,768	5% above HPI
2005 13 MAY	£290,000	£234,154	24% above HPI
1998 18 SEP	£118,000	£93,771	26% above HPI

FAIRFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three FAIRFIELD sales between September 1998 and July 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 May 2005 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is FAIRFIELD?

FAIRFIELD is 72m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Ambleside, based on EPC data. The below chart shows the distribution of detached houses by size in Ambleside, and where FAIRFIELD lies on this distribution: 7% of detached houses are smaller than FAIRFIELD, and 93% of houses are larger. Note that EPC data is not available for all properties in Ambleside.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.103 of an acre, or 419m². 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 REED BOTTOMS in AMBLESIDE, in the LA22 postcode district. The below map shows the position of FAIRFIELD on REED BOTTOMS.