22, FAIROAK AVENUE, STAFFORD, ST16 1LU - £200,000

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

22 FAIROAK AVENUE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £200,000 in October 2022, which was around 46% below the average October 2022 detached price in the Stafford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

22 FAIROAK AVENUE Sold Prices

Land registry data shows two sales for 22 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 22 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
2022 27 OCT	£200,000	£372,071	46% below HPI
2014 3 NOV	£147,000	£252,039	42% below HPI

22 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 22 FAIROAK AVENUE sales from November 2014 and October 2022 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 22 FAIROAK AVENUE?

22 FAIROAK AVENUE is 57m² according to the EPC inspection conducted in March 2022. 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 22 FAIROAK AVENUE lies on this distribution: 2% of detached houses are smaller than 22 FAIROAK AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stafford.

22 FAIROAK AVENUE: Plot and Title Map

22 FAIROAK AVENUE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 22 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 22 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 22 FAIROAK AVENUE?

22 FAIROAK AVENUE is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 22 on FAIROAK AVENUE.