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
17 MAYFAIR DRIVE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £325,000 in June 2019, which was around 10% below the average June 2019 detached price in the Lichfield local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 17 MAYFAIR DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. One of the two 17 MAYFAIR DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2019 12 JUN | £325,000 | £362,982 | 10% below HPI |
1996 23 MAY | £99,000 | £94,652 | 5% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 17 MAYFAIR DRIVE sales from May 1996 and June 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 May 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
17 MAYFAIR DRIVE is 131m² according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 17 MAYFAIR DRIVE lies on this distribution: 73% of detached houses are smaller than 17 MAYFAIR DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Fazeley.
17 MAYFAIR DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 17 MAYFAIR 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 17 MAYFAIR 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.
17 MAYFAIR DRIVE is located in FAZELEY, in the B78 postcode district. The below map shows the position of No. 17 on MAYFAIR DRIVE.