FAIRFIELDS, GLEASTON, ULVERSTON, LA12 0QF - £206,000

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

FAIRFIELDS is a very small detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £307,827. It was last sold for £206,000 in November 2009, which was around 23% below the average November 2009 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

FAIRFIELDS Sold Prices

Land registry data shows two sales for FAIRFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two FAIRFIELDS sales were 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
2009 27 NOV	£206,000	£266,481	23% below HPI
2002 17 JUL	£134,950	£146,827	8% below HPI

FAIRFIELDS 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 two FAIRFIELDS sales from July 2002 and November 2009 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might FAIRFIELDS be worth now?

FAIRFIELDS might now be worth an estimated £307,827.

This is based on house price inflation of 49.4%, between November 2009 and February 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.4% inflationary increase is applied to the most recent sale price for FAIRFIELDS of £206,000 on 27th November 2009. For the value to have increased from £206,000 to £307,827 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of FAIRFIELDS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2009 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRFIELDS has not materially changed since November 2009.

How Large is FAIRFIELDS?

FAIRFIELDS is 107m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Gleaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gleaston, and where FAIRFIELDS lies on this distribution: 19% of detached houses houses are smaller than FAIRFIELDS, and 81% of houses are larger. Note that EPC data is not available for all properties in Gleaston.

FAIRFIELDS: Plot and Title Map

FAIRFIELDS sits on a plot of roughly 3,783.6 acres, or 15,311,743m². The below map shows the location of FAIRFIELDS, 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 FAIRFIELDS). 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 FAIRFIELDS?

FAIRFIELDS is located in GLEASTON, in the LA12 postcode district. The below map shows the position of FAIRFIELDS in GLEASTON.