FAIRVIEW, LEA ROAD, HIXON, STAFFORD, ST18 0NR - £361,000

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.

FAIRVIEW is a very large detached house of 211m², built sometime between 2003 and 2006, which could now be worth an estimated £471,070. It was last sold for £361,000 in May 2019, which was around 19% above the average May 2019 detached price in the Stafford local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two FAIRVIEW 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 3 MAY	£361,000	£302,332	19% above HPI
2004 29 OCT	£289,500	£224,104	29% above HPI

FAIRVIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two FAIRVIEW sales from October 2004 and May 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 October 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £471,070.

This is based on house price inflation of 30.5%, between May 2019 and March 2025, for detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for FAIRVIEW of £361,000 on 3rd May 2019. For the value to have increased from £361,000 to £471,070 over the six years and two months to March 2025, the following assumptions must hold true:

• The value of FAIRVIEW has moved in line with the HPI for detached houses in the Stafford local authority area.
• The May 2019 sale price of £361,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since May 2019.

How Large is FAIRVIEW?

FAIRVIEW is 211m² according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Hixon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hixon, and where FAIRVIEW lies on this distribution: 99% of detached houses houses are smaller than FAIRVIEW, and 1% of houses are larger. Note that EPC data is not available for all properties in Hixon.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on LEA ROAD in HIXON, in the ST18 postcode district. The below map shows the position of FAIRVIEW on LEA ROAD.