Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 FAIRBURN ROAD is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £185,000 in September 2013, which was around 13% below the average September 2013 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 FAIRBURN ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 15 FAIRBURN ROAD 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 30 SEP | £185,000 | £211,972 | 13% below HPI |
1995 26 MAY | £66,000 | £69,199 | 5% below HPI |
The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 15 FAIRBURN ROAD sales from May 1995 and September 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 May 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
15 FAIRBURN ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 15 FAIRBURN ROAD lies on this distribution: 46% of detached houses are smaller than 15 FAIRBURN ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Telford.
15 FAIRBURN ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 15 FAIRBURN ROAD, 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 15 FAIRBURN ROAD). 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.
15 FAIRBURN ROAD is located in TELFORD, in the TF3 postcode district. The below map shows the position of No. 15 on FAIRBURN ROAD.