11, FAIROAK DRIVE, BROMSGROVE, B60 3PN - £272,000

11 FAIROAK DRIVE is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £272,000 in September 2018, which was around 36% below the average September 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

11 FAIROAK DRIVE Sold Prices

Land registry data shows three sales for 11 FAIROAK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 11 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
2018 7 SEP	£272,000	£424,842	36% below HPI
2004 21 MAY	£173,000	£265,246	35% below HPI
1997 13 JUN	£91,000	£116,932	22% below HPI

11 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 three 11 FAIROAK DRIVE sales between June 1997 and September 2018 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 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 11 FAIROAK DRIVE?

11 FAIROAK DRIVE is 80m² according to the EPC inspection conducted in June 2018. 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 11 FAIROAK DRIVE lies on this distribution: 8% of detached houses are smaller than 11 FAIROAK DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

11 FAIROAK DRIVE: Plot and Title Map

11 FAIROAK DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 11 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 11 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 11 FAIROAK DRIVE?

11 FAIROAK DRIVE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 11 on FAIROAK DRIVE.