1, NORBURY CLOSE, REDDITCH, B98 8RP - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 NORBURY CLOSE is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £365,000 in June 2020, which was around 6% above the average June 2020 detached price in the Redditch local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

1 NORBURY CLOSE Sold Prices

Land registry data shows four sales for 1 NORBURY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 1 NORBURY 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
2020 25 JUN	£365,000	£345,631	6% above HPI
2014 19 MAY	£283,000	£252,190	12% above HPI
2000 9 OCT	£145,000	£129,818	12% above HPI
1997 14 NOV	£105,000	£96,791	8% above HPI

1 NORBURY 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 four 1 NORBURY CLOSE sales between November 1997 and June 2020 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 May 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 1 NORBURY CLOSE?

1 NORBURY CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 1 NORBURY CLOSE lies on this distribution: 79% of detached houses are smaller than 1 NORBURY CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 NORBURY CLOSE: Plot and Title Map

1 NORBURY CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 1 NORBURY 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 1 NORBURY 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 1 NORBURY CLOSE?

1 NORBURY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 1 on NORBURY CLOSE.