38, FAIRFORD CLOSE, REDDITCH, B98 9LU - £385,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 FAIRFORD CLOSE is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £373,466. It was last sold for £385,500 in April 2024, which was around 2% below the average April 2024 detached price in the Redditch local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

38 FAIRFORD CLOSE Sold Prices

Land registry data shows two sales for 38 FAIRFORD 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. One of the two 38 FAIRFORD CLOSE sales was for below the average price, whilst the other was 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
2024 8 APR	£385,500	£393,037	2% below HPI
2015 16 FEB	£274,000	£251,436	9% above HPI

38 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 two 38 FAIRFORD CLOSE sales from February 2015 and April 2024 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 February 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 38 FAIRFORD CLOSE be worth now?

38 FAIRFORD CLOSE might now be worth an estimated £373,466.

This is based on house price deflation of 3.1%, between April 2024 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 3.1% deflationary decrease is applied to the most recent sale price for 38 FAIRFORD CLOSE of £385,500 on 8th April 2024. For the value to have decreased from £385,500 to £373,466 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 38 FAIRFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2024 sale price of £385,500 represented a fair market value for the property.
• The size, condition, and specification of 38 FAIRFORD CLOSE has not materially changed since April 2024.

How Large is 38 FAIRFORD CLOSE?

38 FAIRFORD CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 38 FAIRFORD CLOSE lies on this distribution: 57% of detached houses houses are smaller than 38 FAIRFORD CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 FAIRFORD CLOSE: Plot and Title Map

38 FAIRFORD CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 38 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 38 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 38 FAIRFORD CLOSE?

38 FAIRFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 38 on FAIRFORD CLOSE.