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
4 FAIRMONT ROAD is a large detached house of 139m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2014, which was around 25% below the average March 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 4 FAIRMONT ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 4 FAIRMONT ROAD 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 |
---|---|---|---|
2014 31 MAR | £240,000 | £319,537 | 25% below HPI |
1998 30 APR | £97,000 | £129,332 | 25% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 4 FAIRMONT ROAD sales from April 1998 and March 2014 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 April 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2014 sale, which was also at 25% below the HPI.
4 FAIRMONT ROAD is 139m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 4 FAIRMONT ROAD lies on this distribution: 70% of detached houses are smaller than 4 FAIRMONT ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
4 FAIRMONT ROAD sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 4 FAIRMONT ROAD, 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 4 FAIRMONT ROAD). 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.
4 FAIRMONT ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 4 on FAIRMONT ROAD.