36, FAIRFORD CLOSE, REDDITCH, B98 9LU - £249,950

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

36 FAIRFORD CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £325,382. It was last sold for £249,950 in April 2017, which was around 16% below the average April 2017 detached price in the Redditch local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

36 FAIRFORD CLOSE Sold Prices

Land registry data shows three sales for 36 FAIRFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 36 FAIRFORD 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
2017 5 APR	£249,950	£297,138	16% below HPI
2006 5 DEC	£205,000	£234,957	13% below HPI
2005 15 JUL	£167,000	£227,719	27% below HPI

36 FAIRFORD 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 three 36 FAIRFORD CLOSE sales between July 2005 and April 2017 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 36 FAIRFORD CLOSE be worth now?

36 FAIRFORD CLOSE might now be worth an estimated £325,382.

This is based on house price inflation of 30.2%, between April 2017 and December 2024, 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 30.2% inflationary increase is applied to the most recent sale price for 36 FAIRFORD CLOSE of £249,950 on 5th April 2017. For the value to have increased from £249,950 to £325,382 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 36 FAIRFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2017 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 36 FAIRFORD CLOSE has not materially changed since April 2017.

How Large is 36 FAIRFORD CLOSE?

36 FAIRFORD CLOSE is 69m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% 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 36 FAIRFORD CLOSE lies on this distribution: 5% of detached houses houses are smaller than 36 FAIRFORD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redditch.

36 FAIRFORD CLOSE: Plot and Title Map

36 FAIRFORD CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 36 FAIRFORD 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 36 FAIRFORD 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 36 FAIRFORD CLOSE?

36 FAIRFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 36 on FAIRFORD CLOSE.