FAIRFIELD, SANDS LOKE, EDGEFIELD, MELTON CONSTABLE, NR24 2RQ - £725,000

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 large detached house of 178m². It was last sold for £725,000 in October 2021, which was around 89% above the average October 2021 detached price in the North Norfolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was B, and the potential energy rating was B.

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 North Norfolk local authority area for the corresponding sale date. One of the two FAIRFIELD 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 20 OCT	£725,000	£383,204	89% above HPI
2017 17 MAY	£168,000	£315,797	47% below HPI

FAIRFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two FAIRFIELD sales from May 2017 and October 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 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is FAIRFIELD?

FAIRFIELD is 178m² according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in Edgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Edgefield, and where FAIRFIELD lies on this distribution: 84% of detached houses are smaller than FAIRFIELD, and 16% of houses are larger. Note that EPC data is not available for all properties in Edgefield.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.291 of an acre, or 1,177m². 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 SANDS LOKE in EDGEFIELD, in the NR24 postcode district. The below map shows the position of FAIRFIELD on SANDS LOKE.