1, FARMCOTE CLOSE, REDDITCH, B97 5XX - £399,950

1 FARMCOTE CLOSE is a large detached house of 121m², built sometime between 1983 and 1990. It was last sold for £399,950 in March 2018, which was around 24% above the average March 2018 detached price in the Redditch local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

1 FARMCOTE CLOSE Sold Prices

Land registry data shows two sales for 1 FARMCOTE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 1 FARMCOTE CLOSE 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
2018 1 MAR	£399,950	£321,692	24% above HPI
2017 27 OCT	£340,000	£314,559	8% above HPI

1 FARMCOTE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two 1 FARMCOTE CLOSE sales from October 2017 and March 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 October 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 1 FARMCOTE CLOSE?

1 FARMCOTE CLOSE is 121m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 1 FARMCOTE CLOSE lies on this distribution: 62% of detached houses are smaller than 1 FARMCOTE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 FARMCOTE CLOSE: Plot and Title Map

1 FARMCOTE CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 1 FARMCOTE CLOSE, 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 1 FARMCOTE CLOSE). 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 1 FARMCOTE CLOSE?

1 FARMCOTE CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 1 on FARMCOTE CLOSE.