1, FAIRMONT ROAD, BROMSGROVE, B60 2HJ - £267,000

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

1 FAIRMONT ROAD is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £267,000 in May 2014, which was around 19% below the average May 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

1 FAIRMONT ROAD Sold Prices

Land registry data shows two sales for 1 FAIRMONT ROAD 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 1 FAIRMONT 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
2014 9 MAY	£267,000	£327,609	19% below HPI
2000 9 JUN	£102,500	£153,412	33% below HPI

1 FAIRMONT ROAD 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 1 FAIRMONT ROAD sales from June 2000 and May 2014 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 June 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2014 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 FAIRMONT ROAD?

1 FAIRMONT ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 1 FAIRMONT ROAD lies on this distribution: 48% of detached houses are smaller than 1 FAIRMONT ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

1 FAIRMONT ROAD: Plot and Title Map

1 FAIRMONT ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 1 FAIRMONT 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 1 FAIRMONT 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.

Where is 1 FAIRMONT ROAD?

1 FAIRMONT ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 1 on FAIRMONT ROAD.