32, FAIROAK DRIVE, LONDON, SE9 2QH - £773,000

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

32 FAIROAK DRIVE is a small detached house of 107m², built sometime between 1930 and 1949. It was last sold for £773,000 in June 2022, which was around 20% below the average June 2022 detached price in the Greenwich local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

32 FAIROAK DRIVE Sold Prices

Land registry data shows two sales for 32 FAIROAK 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 Greenwich local authority area for the corresponding sale date. Both of the two 32 FAIROAK 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 1 JUN	£773,000	£963,577	20% below HPI
2014 28 AUG	£525,000	£635,692	17% below HPI

32 FAIROAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The two 32 FAIROAK DRIVE sales from August 2014 and June 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 FAIROAK DRIVE?

32 FAIROAK DRIVE is 107m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 32 FAIROAK DRIVE lies on this distribution: 25% of detached houses are smaller than 32 FAIROAK DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in London.

32 FAIROAK DRIVE: Plot and Title Map

32 FAIROAK DRIVE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 32 FAIROAK 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 32 FAIROAK 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 32 FAIROAK DRIVE?

32 FAIROAK DRIVE is located in LONDON, in the SE9 postcode district. The below map shows the position of No. 32 on FAIROAK DRIVE.