53, FAIROAK DRIVE, BROMSGROVE, B60 3PN - £222,500

53 FAIROAK DRIVE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £222,500 in July 2015, which was around 36% below the average July 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

53 FAIROAK DRIVE Sold Prices

Land registry data shows two sales for 53 FAIROAK 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 53 FAIROAK DRIVE 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
2015 6 JUL	£222,500	£345,758	36% below HPI
2005 4 MAR	£183,000	£281,295	35% below HPI

53 FAIROAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 53 FAIROAK DRIVE sales from March 2005 and July 2015 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 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 53 FAIROAK DRIVE?

53 FAIROAK DRIVE is 58m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 53 FAIROAK DRIVE lies on this distribution: 1% of detached houses are smaller than 53 FAIROAK DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

53 FAIROAK DRIVE: Plot and Title Map

53 FAIROAK DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 53 FAIROAK 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 53 FAIROAK 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 53 FAIROAK DRIVE?

53 FAIROAK DRIVE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 53 on FAIROAK DRIVE.