2, FARMERS CLOSE, SUTTON COLDFIELD, B76 1DX - £282,500

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

2 FARMERS CLOSE is a very small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £282,500 in February 2018, which was around 16% below the average February 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

2 FARMERS CLOSE Sold Prices

Land registry data shows four sales for 2 FARMERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 2 FARMERS CLOSE 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
2018 23 FEB	£282,500	£335,584	16% below HPI
2005 25 JUL	£192,000	£245,050	22% below HPI
2001 29 AUG	£129,500	£145,697	11% below HPI
1995 18 DEC	£86,000	£88,667	3% below HPI

2 FARMERS CLOSE 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 four 2 FARMERS CLOSE sales between December 1995 and February 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 July 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 FARMERS CLOSE?

2 FARMERS CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 2 FARMERS CLOSE lies on this distribution: 15% of detached houses are smaller than 2 FARMERS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 FARMERS CLOSE: Plot and Title Map

2 FARMERS CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 FARMERS 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 2 FARMERS 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 2 FARMERS CLOSE?

2 FARMERS CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 2 on FARMERS CLOSE.