41, FAIROAK DRIVE, BROMSGROVE, B60 3PN - £205,000

41 FAIROAK DRIVE is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £205,000 in June 2008, which was around 35% below the average June 2008 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

41 FAIROAK DRIVE Sold Prices

Land registry data shows five sales for 41 FAIROAK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 41 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
2008 20 JUN	£205,000	£316,896	35% below HPI
2004 15 OCT	£190,000	£278,849	32% below HPI
2004 2 SEP	£182,500	£276,274	34% below HPI
2003 8 JUL	£170,000	£242,092	30% below HPI
1998 29 MAY	£88,000	£130,995	33% below HPI

41 FAIROAK DRIVE 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 five 41 FAIROAK DRIVE sales between May 1998 and June 2008 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 October 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2008 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 41 FAIROAK DRIVE?

41 FAIROAK DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 41 FAIROAK DRIVE lies on this distribution: 25% of detached houses are smaller than 41 FAIROAK DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

41 FAIROAK DRIVE: Plot and Title Map

41 FAIROAK DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 41 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 41 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 41 FAIROAK DRIVE?

41 FAIROAK DRIVE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 41 on FAIROAK DRIVE.