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
7 MAYFAIR DRIVE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £281,000 in March 2007, which was around 1% below the average March 2007 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 MAYFAIR DRIVE since 1st 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. One of the two 7 MAYFAIR DRIVE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2007 30 MAR | £281,000 | £282,578 | 1% below HPI |
1996 23 FEB | £92,950 | £91,608 | 1% above HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 7 MAYFAIR DRIVE sales from February 1996 and March 2007 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 February 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2007 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
7 MAYFAIR DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Fazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Fazeley, and where 7 MAYFAIR DRIVE lies on this distribution: 73% of detached houses are smaller than 7 MAYFAIR DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Fazeley.
7 MAYFAIR DRIVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 7 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 7 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.
7 MAYFAIR DRIVE is located in FAZELEY, in the B78 postcode district. The below map shows the position of No. 7 on MAYFAIR DRIVE.