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
44 FAIRFIELD ROAD is a small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £270,000 in May 2017, which was around 31% below the average May 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 44 FAIRFIELD 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 44 FAIRFIELD 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 |
---|---|---|---|
2017 19 MAY | £270,000 | £390,687 | 31% below HPI |
1998 6 AUG | £118,000 | £130,852 | 10% 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 44 FAIRFIELD ROAD sales from August 1998 and May 2017 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 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
44 FAIRFIELD ROAD is 92m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Bournheath, based on EPC data. The below chart shows the distribution of detached houses by size in Bournheath, and where 44 FAIRFIELD ROAD lies on this distribution: 24% of detached houses are smaller than 44 FAIRFIELD ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Bournheath.
44 FAIRFIELD ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 44 FAIRFIELD 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 44 FAIRFIELD 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.
44 FAIRFIELD ROAD is located in BOURNHEATH, in the B61 postcode district. The below map shows the position of No. 44 on FAIRFIELD ROAD.