FAIRCROFT, WHATFIELD ROAD, ELMSETT, IPSWICH, IP7 6LZ - £360,000

FAIRCROFT is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £360,000 in January 2018, which was around 12% below the average January 2018 detached price in the Babergh local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

FAIRCROFT Sold Prices

Land registry data shows three sales for FAIRCROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three FAIRCROFT 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
2018 5 JAN	£360,000	£410,017	12% below HPI
2004 12 JAN	£199,950	£221,312	10% below HPI
2002 25 NOV	£176,000	£199,680	12% below HPI

FAIRCROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three FAIRCROFT sales between November 2002 and January 2018 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 January 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is FAIRCROFT?

FAIRCROFT is 91m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Elmsett, based on EPC data. The below chart shows the distribution of detached houses by size in Elmsett, and where FAIRCROFT lies on this distribution: 28% of detached houses are smaller than FAIRCROFT, and 72% of houses are larger. Note that EPC data is not available for all properties in Elmsett.

FAIRCROFT: Plot and Title Map

FAIRCROFT sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of FAIRCROFT, 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 FAIRCROFT). 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 FAIRCROFT?

FAIRCROFT is located on WHATFIELD ROAD in ELMSETT, in the IP7 postcode district. The below map shows the position of FAIRCROFT on WHATFIELD ROAD.