16, FAIRFIELD CLOSE, MARSHFIELD, CHIPPENHAM, SN14 8NH - £475,000

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.

16 FAIRFIELD CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £497,189. It was last sold for £475,000 in July 2024, which was around 11% below the average July 2024 detached price in the South Gloucestershire 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.

16 FAIRFIELD CLOSE Sold Prices

Land registry data shows two sales for 16 FAIRFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. One of the two 16 FAIRFIELD CLOSE sales was for below the average price, whilst the other was 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 19 JUL	£475,000	£532,018	11% below HPI
2014 1 OCT	£385,000	£342,163	13% above HPI

16 FAIRFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The two 16 FAIRFIELD CLOSE sales from October 2014 and July 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 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 FAIRFIELD CLOSE be worth now?

16 FAIRFIELD CLOSE might now be worth an estimated £497,189.

This is based on house price inflation of 4.7%, between July 2024 and March 2025, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 16 FAIRFIELD CLOSE of £475,000 on 19th July 2024. For the value to have increased from £475,000 to £497,189 over the one year and four months to March 2025, the following assumptions must hold true:

• The value of 16 FAIRFIELD CLOSE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The July 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FAIRFIELD CLOSE has not materially changed since July 2024.

How Large is 16 FAIRFIELD CLOSE?

16 FAIRFIELD CLOSE is 80m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshfield, and where 16 FAIRFIELD CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 16 FAIRFIELD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

16 FAIRFIELD CLOSE: Plot and Title Map

16 FAIRFIELD CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 16 FAIRFIELD CLOSE, 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 16 FAIRFIELD CLOSE). 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 16 FAIRFIELD CLOSE?

16 FAIRFIELD CLOSE is located in MARSHFIELD, in the SN14 postcode district. The below map shows the position of No. 16 on FAIRFIELD CLOSE.