12, FARNDON WAY, BIRMINGHAM, B23 5XU - £172,000

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

12 FARNDON WAY is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £172,000 in April 2014, which was around 33% below the average April 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

12 FARNDON WAY Sold Prices

Land registry data shows three sales for 12 FARNDON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 12 FARNDON WAY 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
2014 23 APR	£172,000	£256,782	33% below HPI
2004 9 JAN	£169,000	£227,582	26% below HPI
2000 31 MAR	£79,950	£115,938	31% below HPI

12 FARNDON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 12 FARNDON WAY sales between March 2000 and April 2014 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 January 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 FARNDON WAY?

12 FARNDON WAY is 110m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 12 FARNDON WAY lies on this distribution: 44% of detached houses are smaller than 12 FARNDON WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 FARNDON WAY: Plot and Title Map

12 FARNDON WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 12 FARNDON WAY, 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 12 FARNDON WAY). 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 12 FARNDON WAY?

12 FARNDON WAY is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 12 on FARNDON WAY.