11, ELMSTONE CLOSE, REDDITCH, B97 5UR - £245,000

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

11 ELMSTONE CLOSE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £245,000 in November 2011, which was around 5% above the average November 2011 detached price in the Redditch local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

11 ELMSTONE CLOSE Sold Prices

Land registry data shows four sales for 11 ELMSTONE 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. Most of the four 11 ELMSTONE 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
2011 4 NOV	£245,000	£232,659	5% above HPI
2003 28 JUL	£195,000	£199,262	2% below HPI
2002 30 JAN	£154,000	£146,443	5% above HPI
2000 27 MAR	£119,950	£113,541	6% above HPI

11 ELMSTONE 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 11 ELMSTONE CLOSE sales between March 2000 and November 2011 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 July 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2011 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 11 ELMSTONE CLOSE?

11 ELMSTONE CLOSE is 93m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 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 11 ELMSTONE CLOSE lies on this distribution: 27% of detached houses are smaller than 11 ELMSTONE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 ELMSTONE CLOSE: Plot and Title Map

11 ELMSTONE CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 11 ELMSTONE 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 11 ELMSTONE 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 11 ELMSTONE CLOSE?

11 ELMSTONE CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 11 on ELMSTONE CLOSE.