41, MAYFAIR DRIVE, FAZELEY, TAMWORTH, B78 3TG - £327,500

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

41 MAYFAIR DRIVE is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £327,500 in February 2022, which was around 26% below the average February 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

41 MAYFAIR DRIVE Sold Prices

Land registry data shows seven sales for 41 MAYFAIR DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. All of the seven 41 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 18 FEB	£327,500	£442,543	26% below HPI
2012 6 JUL	£215,000	£275,599	22% below HPI
2010 28 MAY	£200,000	£282,274	29% below HPI
2006 15 JUN	£199,950	£263,837	24% below HPI
2002 29 NOV	£154,950	£193,135	20% below HPI
2000 6 OCT	£114,950	£145,169	21% below HPI
1996 8 NOV	£82,000	£97,811	16% below HPI

41 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 seven 41 MAYFAIR DRIVE sales between November 1996 and February 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 July 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 41 MAYFAIR DRIVE?

41 MAYFAIR DRIVE is 102m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 41 MAYFAIR DRIVE lies on this distribution: 39% of detached houses are smaller than 41 MAYFAIR DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

41 MAYFAIR DRIVE: Plot and Title Map

41 MAYFAIR DRIVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 41 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 41 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 41 MAYFAIR DRIVE?

41 MAYFAIR DRIVE is located in FAZELEY, in the B78 postcode district. The below map shows the position of No. 41 on MAYFAIR DRIVE.