47, MAYFAIR DRIVE, FAZELEY, TAMWORTH, B78 3TG - £345,000

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

47 MAYFAIR DRIVE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £345,000 in November 2018, which was around 10% below the average November 2018 detached price in the Lichfield local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

47 MAYFAIR DRIVE Sold Prices

Land registry data shows two sales for 47 MAYFAIR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 47 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
2018 26 NOV	£345,000	£385,074	10% below HPI
2005 4 NOV	£227,500	£271,187	16% below HPI

47 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 two 47 MAYFAIR DRIVE sales from November 2005 and November 2018 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 November 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 47 MAYFAIR DRIVE?

47 MAYFAIR DRIVE is 126m² according to the EPC inspection conducted in August 2018. This puts it in the largest 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 47 MAYFAIR DRIVE lies on this distribution: 68% of detached houses are smaller than 47 MAYFAIR DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Fazeley.

47 MAYFAIR DRIVE: Plot and Title Map

47 MAYFAIR DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 47 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 47 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 47 MAYFAIR DRIVE?

47 MAYFAIR DRIVE is located in FAZELEY, in the B78 postcode district. The below map shows the position of No. 47 on MAYFAIR DRIVE.