73, FAIRMILE ROAD, HALESOWEN, B63 3PZ - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

73 FAIRMILE ROAD is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £205,000 in February 2019, which was around 22% below the average February 2019 detached price in the Dudley local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

73 FAIRMILE ROAD Sold Prices

Land registry data shows two sales for 73 FAIRMILE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 73 FAIRMILE 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
2019 7 FEB	£205,000	£263,314	22% below HPI
2011 25 NOV	£139,000	£196,523	29% below HPI

73 FAIRMILE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 73 FAIRMILE ROAD sales from November 2011 and February 2019 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 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 73 FAIRMILE ROAD?

73 FAIRMILE ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 73 FAIRMILE ROAD lies on this distribution: 30% of detached houses are smaller than 73 FAIRMILE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

73 FAIRMILE ROAD: Plot and Title Map

73 FAIRMILE ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 73 FAIRMILE 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 73 FAIRMILE 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.

Where is 73 FAIRMILE ROAD?

73 FAIRMILE ROAD is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 73 on FAIRMILE ROAD.