2, FAIRFIELD CLOSE, LANCASTER, LA1 5NT - £255,000

2 FAIRFIELD CLOSE is a midsized extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £255,000 in September 2014, which was around 9% above the average September 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

2 FAIRFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 FAIRFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 2 FAIRFIELD CLOSE 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
2014 23 SEP	£255,000	£233,755	9% above HPI
2002 22 JUL	£155,000	£118,897	30% above HPI
2000 25 AUG	£115,000	£91,558	26% above HPI

2 FAIRFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 2 FAIRFIELD CLOSE sales between August 2000 and September 2014 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 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2014 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 FAIRFIELD CLOSE?

2 FAIRFIELD CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 2 FAIRFIELD CLOSE lies on this distribution: 47% of detached houses are smaller than 2 FAIRFIELD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 FAIRFIELD CLOSE: Plot and Title Map

2 FAIRFIELD CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 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 2 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 2 FAIRFIELD CLOSE?

2 FAIRFIELD CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 2 on FAIRFIELD CLOSE.