2, FARNDON CLOSE, REDDITCH, B97 6RT - £420,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FARNDON CLOSE is a large detached house of 123m², which could now be worth an estimated £429,260. It was last sold for £420,000 in February 2022, which was around 13% above the average February 2022 detached price in the Redditch local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

2 FARNDON CLOSE Sold Prices

Land registry data shows two sales for 2 FARNDON 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 2 FARNDON 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
2022 15 FEB	£420,000	£372,554	13% above HPI
2017 15 DEC	£369,995	£305,217	21% above HPI

2 FARNDON 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 2 FARNDON CLOSE sales from December 2017 and February 2022 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 December 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 2 FARNDON CLOSE be worth now?

2 FARNDON CLOSE might now be worth an estimated £429,260.

This is based on house price inflation of 2.2%, between February 2022 and February 2025, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% inflationary increase is applied to the most recent sale price for 2 FARNDON CLOSE of £420,000 on 15th February 2022. For the value to have increased from £420,000 to £429,260 over the three years to February 2025, the following assumptions must hold true:

• The value of 2 FARNDON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARNDON CLOSE has not materially changed since February 2022.

How Large is 2 FARNDON CLOSE?

2 FARNDON CLOSE is 123m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 2 FARNDON CLOSE lies on this distribution: 65% of detached houses houses are smaller than 2 FARNDON CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 FARNDON CLOSE: Plot and Title Map

2 FARNDON CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 FARNDON 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 FARNDON 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 FARNDON CLOSE?

2 FARNDON CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 2 on FARNDON CLOSE.