23, FAIRFORD CLOSE, REDDITCH, B98 9LU - £227,000

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.

23 FAIRFORD CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £388,698. It was last sold for £227,000 in May 2013, which was around 1% below the average May 2013 detached price in the Redditch local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

23 FAIRFORD CLOSE Sold Prices

Land registry data shows one sale for 23 FAIRFORD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 10 MAY	£227,000	£230,165	1% below HPI

What might 23 FAIRFORD CLOSE be worth now?

23 FAIRFORD CLOSE might now be worth an estimated £388,698.

This is based on house price inflation of 71.2%, between May 2013 and May 2026, 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 71.2% inflationary increase is applied to the most recent sale price for 23 FAIRFORD CLOSE of £227,000 on 10th May 2013. For the value to have increased from £227,000 to £388,698 over the thirteen years to May 2026, the following assumptions must hold true:

• The value of 23 FAIRFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2013 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FAIRFORD CLOSE has not materially changed since May 2013.

How Large is 23 FAIRFORD CLOSE?

23 FAIRFORD CLOSE is 86m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 23 FAIRFORD CLOSE lies on this distribution: 18% of detached houses are smaller than 23 FAIRFORD CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

23 FAIRFORD CLOSE: Plot

23 FAIRFORD CLOSE sits on a plot of roughly 0.117 of an acre, or 475m².

Where is 23 FAIRFORD CLOSE?

23 FAIRFORD CLOSE is located in REDDITCH, in the B98 postcode district.