16, FAIROAK AVENUE, STAFFORD, ST16 1LT - £225,250

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 FAIROAK AVENUE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £225,250 in December 2019, which was around 22% below the average December 2019 detached price in the Stafford local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

16 FAIROAK AVENUE Sold Prices

Land registry data shows two sales for 16 FAIROAK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. Both of the two 16 FAIROAK AVENUE 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
2019 11 DEC	£225,250	£290,621	22% below HPI
2018 16 NOV	£150,000	£290,804	48% below HPI

16 FAIROAK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The two 16 FAIROAK AVENUE sales from November 2018 and December 2019 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 November 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 FAIROAK AVENUE?

16 FAIROAK AVENUE is 57m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 16 FAIROAK AVENUE lies on this distribution: 2% of detached houses are smaller than 16 FAIROAK AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stafford.

16 FAIROAK AVENUE: Plot and Title Map

16 FAIROAK AVENUE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 16 FAIROAK AVENUE, 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 FAIROAK AVENUE). 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 FAIROAK AVENUE?

16 FAIROAK AVENUE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 16 on FAIROAK AVENUE.