3, MAYFAIR DRIVE, FAZELEY, TAMWORTH, B78 3TG - £229,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MAYFAIR DRIVE is a large extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £403,009. It was last sold for £229,500 in August 2012, which was around 21% below the average August 2012 detached price in the Lichfield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

3 MAYFAIR DRIVE Sold Prices

Land registry data shows two sales for 3 MAYFAIR DRIVE since 1^st 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. Both of the two 3 MAYFAIR 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
2012 30 AUG	£229,500	£289,944	21% below HPI
2002 14 JUN	£158,700	£181,012	12% below HPI

3 MAYFAIR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 3 MAYFAIR DRIVE sales from June 2002 and August 2012 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 June 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2012 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 MAYFAIR DRIVE be worth now?

3 MAYFAIR DRIVE might now be worth an estimated £403,009.

This is based on house price inflation of 75.6%, between August 2012 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.6% inflationary increase is applied to the most recent sale price for 3 MAYFAIR DRIVE of £229,500 on 30th August 2012. For the value to have increased from £229,500 to £403,009 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MAYFAIR DRIVE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The August 2012 sale price of £229,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MAYFAIR DRIVE has not materially changed since August 2012.

How Large is 3 MAYFAIR DRIVE?

3 MAYFAIR DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 40% of detached houses houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fazeley, and where 3 MAYFAIR DRIVE lies on this distribution: 68% of detached houses houses are smaller than 3 MAYFAIR DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

3 MAYFAIR DRIVE: Plot and Title Map

3 MAYFAIR DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 3 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 3 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.

Where is 3 MAYFAIR DRIVE?

3 MAYFAIR DRIVE is located in FAZELEY, in the B78 postcode district. The below map shows the position of No. 3 on MAYFAIR DRIVE.