31, MAYFAIR DRIVE, FAZELEY, TAMWORTH, B78 3TG - £385,000

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

31 MAYFAIR DRIVE is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £385,000 in July 2022, which was around 16% below the average July 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

31 MAYFAIR DRIVE Sold Prices

Land registry data shows three sales for 31 MAYFAIR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the three 31 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
2022 8 JUL	£385,000	£458,048	16% below HPI
2018 29 AUG	£325,000	£378,840	14% below HPI
1997 20 JUN	£102,450	£104,221	2% below HPI

31 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 three 31 MAYFAIR DRIVE sales between June 1997 and July 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 August 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 31 MAYFAIR DRIVE?

31 MAYFAIR DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 31 MAYFAIR DRIVE lies on this distribution: 54% of detached houses are smaller than 31 MAYFAIR DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

31 MAYFAIR DRIVE: Plot and Title Map

31 MAYFAIR DRIVE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 31 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 31 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 31 MAYFAIR DRIVE?

31 MAYFAIR DRIVE is located in FAZELEY, in the B78 postcode district. The below map shows the position of No. 31 on MAYFAIR DRIVE.