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
83 FAIROAK DRIVE is a large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £580,000 in May 2010, which was around 29% above the average May 2010 detached price in the Greenwich local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 83 FAIROAK DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Greenwich local authority area for the corresponding sale date. Both of the two 83 FAIROAK DRIVE sales were 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 |
---|---|---|---|
2010 4 MAY | £580,000 | £448,644 | 29% above HPI |
1996 25 MAR | £135,000 | £128,456 | 5% above HPI |
The below graph shows the average detached house price in the Greenwich local authority area over time, sourced from the HPI. The two 83 FAIROAK DRIVE sales from March 1996 and May 2010 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 March 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2010 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.
83 FAIROAK DRIVE is 171m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 83 FAIROAK DRIVE lies on this distribution: 64% of detached houses are smaller than 83 FAIROAK DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in London.
83 FAIROAK DRIVE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 83 FAIROAK 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 83 FAIROAK 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.
83 FAIROAK DRIVE is located in LONDON, in the SE9 postcode district. The below map shows the position of No. 83 on FAIROAK DRIVE.