FAIRHAVEN, FAIRFIELD DRIVE, SAXMUNDHAM, IP17 1AX - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRHAVEN is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £415,223. It was last sold for £425,000 in September 2024, which was around 2% below the average September 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

FAIRHAVEN Sold Prices

Land registry data shows three sales for FAIRHAVEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the three FAIRHAVEN sales was for below the average price, whilst two 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
2024 6 SEP	£425,000	£433,007	2% below HPI
2006 2 OCT	£295,000	£237,597	24% above HPI
2004 28 MAY	£227,000	£211,719	7% above HPI

FAIRHAVEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three FAIRHAVEN sales between May 2004 and September 2024 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 October 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might FAIRHAVEN be worth now?

FAIRHAVEN might now be worth an estimated £415,223.

This is based on house price deflation of 2.3%, between September 2024 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% deflationary decrease is applied to the most recent sale price for FAIRHAVEN of £425,000 on 6th September 2024. For the value to have decreased from £425,000 to £415,223 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of FAIRHAVEN has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRHAVEN has not materially changed since September 2024.

How Large is FAIRHAVEN?

FAIRHAVEN is 117m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 50% of detached houses houses in Saxmundham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saxmundham, and where FAIRHAVEN lies on this distribution: 55% of detached houses houses are smaller than FAIRHAVEN, and 43% of houses are larger. Note that EPC data is not available for all properties in Saxmundham.

FAIRHAVEN: Plot and Title Map

FAIRHAVEN sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of FAIRHAVEN, 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 FAIRHAVEN). 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 FAIRHAVEN?

FAIRHAVEN is located on FAIRFIELD DRIVE in SAXMUNDHAM, in the IP17 postcode district. The below map shows the position of FAIRHAVEN on FAIRFIELD DRIVE.