24, FAIRWAY, CHOPPINGTON, NE62 5LH - £150,500

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.

24 FAIRWAY is a very small extended detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £230,000. It was last sold for £150,500 in November 2013, which was around 37% below the average November 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

24 FAIRWAY Sold Prices

Land registry data shows three sales for 24 FAIRWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 24 FAIRWAY 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
2013 29 NOV	£150,500	£240,075	37% below HPI
1998 24 APR	£52,950	£89,493	41% below HPI
1997 21 AUG	£51,500	£91,815	44% below HPI

24 FAIRWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 24 FAIRWAY sales between August 1997 and November 2013 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 April 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2013 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 24 FAIRWAY be worth now?

24 FAIRWAY might now be worth an estimated £230,000.

This is based on house price inflation of 52.8%, between November 2013 and March 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.8% inflationary increase is applied to the most recent sale price for 24 FAIRWAY of £150,500 on 29th November 2013. For the value to have increased from £150,500 to £230,000 over the twelve years and eight months to March 2025, the following assumptions must hold true:

• The value of 24 FAIRWAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2013 sale price of £150,500 represented a fair market value for the property.
• The size, condition, and specification of 24 FAIRWAY has not materially changed since November 2013.

How Large is 24 FAIRWAY?

24 FAIRWAY is 79m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Stakeford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stakeford, and where 24 FAIRWAY lies on this distribution: 9% of detached houses houses are smaller than 24 FAIRWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Stakeford.

24 FAIRWAY: Plot and Title Map

24 FAIRWAY sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 24 FAIRWAY, 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 24 FAIRWAY). 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 24 FAIRWAY?

24 FAIRWAY is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 24 on FAIRWAY.