16, FAIRBOURNE GARDENS, REDDITCH, B97 5GE - £325,000

16 FAIRBOURNE GARDENS is a very large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £325,000 in May 2016, which was around 12% above the average May 2016 detached price in the Redditch local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

16 FAIRBOURNE GARDENS Sold Prices

Land registry data shows two sales for 16 FAIRBOURNE GARDENS 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 16 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
2016 10 MAY	£325,000	£289,057	12% above HPI
1998 30 OCT	£153,500	£104,176	47% above HPI

16 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 two 16 FAIRBOURNE GARDENS sales from October 1998 and May 2016 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 October 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 16 FAIRBOURNE GARDENS?

16 FAIRBOURNE GARDENS is 151m² according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 16 FAIRBOURNE GARDENS lies on this distribution: 87% of detached houses are smaller than 16 FAIRBOURNE GARDENS, and 12% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 FAIRBOURNE GARDENS: Plot and Title Map

16 FAIRBOURNE GARDENS sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 16 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 16 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 16 FAIRBOURNE GARDENS?

16 FAIRBOURNE GARDENS is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 16 on FAIRBOURNE GARDENS.