56, FARNDON WAY, BIRMINGHAM, B23 5XU - £250,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

56 FARNDON WAY is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2017, which was around 24% below the average August 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

56 FARNDON WAY Sold Prices

Land registry data shows three sales for 56 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 56 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
2017 30 AUG	£250,000	£329,177	24% below HPI
2014 20 JUN	£180,000	£262,116	31% below HPI
2002 29 NOV	£154,950	£186,909	17% below HPI

56 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 56 FARNDON WAY sales between November 2002 and August 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 June 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 56 FARNDON WAY?

56 FARNDON WAY is 100m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 56 FARNDON WAY lies on this distribution: 33% of detached houses are smaller than 56 FARNDON WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

56 FARNDON WAY: Plot and Title Map

56 FARNDON WAY sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 56 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 56 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 56 FARNDON WAY?

56 FARNDON WAY is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 56 on FARNDON WAY.