4, FAIRBOURNE GARDENS, REDDITCH, B97 5GE - £425,000

4 FAIRBOURNE GARDENS is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £425,000 in March 2023, which was around 2% above the average March 2023 detached price in the Redditch local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

4 FAIRBOURNE GARDENS Sold Prices

Land registry data shows five sales for 4 FAIRBOURNE GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 4 FAIRBOURNE GARDENS 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
2023 10 MAR	£425,000	£417,135	2% above HPI
2016 11 MAR	£295,000	£285,889	3% above HPI
2004 26 MAR	£245,000	£214,190	14% above HPI
2003 11 JUN	£207,500	£200,650	3% above HPI
1998 23 FEB	£129,950	£97,749	33% above HPI

4 FAIRBOURNE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The five 4 FAIRBOURNE GARDENS sales between February 1998 and March 2023 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 March 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 4 FAIRBOURNE GARDENS?

4 FAIRBOURNE GARDENS is 120m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 4 FAIRBOURNE GARDENS lies on this distribution: 61% of detached houses are smaller than 4 FAIRBOURNE GARDENS, and 38% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 FAIRBOURNE GARDENS: Plot and Title Map

4 FAIRBOURNE GARDENS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 4 FAIRBOURNE GARDENS, 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 4 FAIRBOURNE GARDENS). 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 4 FAIRBOURNE GARDENS?

4 FAIRBOURNE GARDENS is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 4 on FAIRBOURNE GARDENS.