4, FAIRMONT ROAD, BROMSGROVE, B60 2HJ - £240,000

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.

4 FAIRMONT ROAD is a large detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £390,320. 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.

4 FAIRMONT ROAD Sold Prices

Land registry data shows two sales for 4 FAIRMONT ROAD since 1^st 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	£321,733	25% below HPI
1998 30 APR	£97,000	£130,221	26% below HPI

4 FAIRMONT ROAD Price Paid vs. HPI Average

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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 FAIRMONT ROAD be worth now?

4 FAIRMONT ROAD might now be worth an estimated £390,320.

This is based on house price inflation of 62.6%, between March 2014 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.6% inflationary increase is applied to the most recent sale price for 4 FAIRMONT ROAD of £240,000 on 31st March 2014. For the value to have increased from £240,000 to £390,320 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 4 FAIRMONT ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The March 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FAIRMONT ROAD has not materially changed since March 2014.

How Large is 4 FAIRMONT ROAD?

4 FAIRMONT ROAD is 139m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 4 FAIRMONT ROAD lies on this distribution: 70% of detached houses 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: Plot and Title Map

4 FAIRMONT ROAD sits on a plot of roughly 0.065 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.

Where is 4 FAIRMONT ROAD?

4 FAIRMONT ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 4 on FAIRMONT ROAD.