FAIRBANK, AMINGTON ROAD, TAMWORTH, B77 3PA - £199,950

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

FAIRBANK is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £199,950 in May 2019, which was around 32% below the average May 2019 detached price in the Tamworth local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

FAIRBANK Sold Prices

Land registry data shows two sales for FAIRBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two FAIRBANK 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 30 MAY	£199,950	£294,158	32% below HPI
2000 14 APR	£72,000	£108,118	33% below HPI

FAIRBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The two FAIRBANK sales from April 2000 and May 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 April 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is FAIRBANK?

FAIRBANK is 67m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tamworth, and where FAIRBANK lies on this distribution: 4% of detached houses are smaller than FAIRBANK, and 95% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

FAIRBANK: Plot and Title Map

FAIRBANK sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of FAIRBANK, 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 FAIRBANK). 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 FAIRBANK?

FAIRBANK is located on AMINGTON ROAD in TAMWORTH, in the B77 postcode district. The below map shows the position of FAIRBANK on AMINGTON ROAD.