FAIRFIELD, SILVER STREET, STANSTED, CM24 8HE - £1,080,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRFIELD is a very large detached house of 333m², built sometime between 1900 and 1929, which could now be worth an estimated £1,474,200. It was last sold for £1,080,000 in March 2015, which was around 109% above the average March 2015 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was C.

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 Uttlesford 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
2015 31 MAR	£1,080,000	£516,430	109% above HPI
2003 17 JUL	£758,000	£334,619	127% above HPI

FAIRFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two FAIRFIELD sales from July 2003 and March 2015 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 July 2003 sale was for 127% above the HPI. So the extrapolation line tracks at 127% above the HPI over time, until the March 2015 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

What might FAIRFIELD be worth now?

FAIRFIELD might now be worth an estimated £1,474,200.

This is based on house price inflation of 36.5%, between March 2015 and December 2024, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for FAIRFIELD of £1,080,000 on 31st March 2015. For the value to have increased from £1,080,000 to £1,474,200 over the eight years and three months to December 2024, the following assumptions must hold true:

• The value of FAIRFIELD has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The March 2015 sale price of £1,080,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRFIELD has not materially changed since March 2015.

How Large is FAIRFIELD?

FAIRFIELD is 333m² according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses houses in Stansted Mountfitchet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stansted Mountfitchet, and where FAIRFIELD lies on this distribution: 99% of detached houses houses are smaller than FAIRFIELD, and 1% of houses are larger. Note that EPC data is not available for all properties in Stansted Mountfitchet.

FAIRFIELD: Plot and Title Map

FAIRFIELD sits on a plot of roughly 0.954 of an acre, or 3,859m². 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 SILVER STREET in STANSTED, in the CM24 postcode district. The below map shows the position of FAIRFIELD on SILVER STREET.