43, FAIRFIELD DRIVE, WEBHEATH, REDDITCH, B97 5QF - £440,000

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.

43 FAIRFIELD DRIVE is a midsized detached house of 118m², built in 2018, which could now be worth an estimated £450,202. It was last sold for £440,000 in June 2022, which was around 14% above the average June 2022 detached price in the Redditch local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

43 FAIRFIELD DRIVE Sold Prices

Land registry data shows two sales for 43 FAIRFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 43 FAIRFIELD DRIVE 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
2022 10 JUN	£440,000	£385,187	14% above HPI
2019 10 MAY	£374,995	£318,267	18% above HPI

43 FAIRFIELD DRIVE 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 two 43 FAIRFIELD DRIVE sales from May 2019 and June 2022 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 2019 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 43 FAIRFIELD DRIVE be worth now?

43 FAIRFIELD DRIVE might now be worth an estimated £450,202.

This is based on house price inflation of 2.3%, between June 2022 and May 2026, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 43 FAIRFIELD DRIVE of £440,000 on 10th June 2022. For the value to have increased from £440,000 to £450,202 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 43 FAIRFIELD DRIVE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 43 FAIRFIELD DRIVE has not materially changed since June 2022.

How Large is 43 FAIRFIELD DRIVE?

43 FAIRFIELD DRIVE is 118m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 43 FAIRFIELD DRIVE lies on this distribution: 58% of detached houses houses are smaller than 43 FAIRFIELD DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Redditch.

43 FAIRFIELD DRIVE: Plot and Title Map

43 FAIRFIELD DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 43 FAIRFIELD DRIVE, 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 43 FAIRFIELD DRIVE). 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 43 FAIRFIELD DRIVE?

43 FAIRFIELD DRIVE is located in WEBHEATH, in the B97 postcode district. The below map shows the position of No. 43 on FAIRFIELD DRIVE.