11, GLEBE CLOSE, REDDITCH, B98 0AW - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 GLEBE CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £245,000 in March 2021, which was around 31% below the average March 2021 detached price in the Redditch local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

11 GLEBE CLOSE Sold Prices

Land registry data shows three sales for 11 GLEBE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 11 GLEBE CLOSE 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
2021 31 MAR	£245,000	£353,360	31% below HPI
2013 26 JUL	£200,000	£236,010	15% below HPI
1996 3 JUN	£71,000	£87,377	19% below HPI

11 GLEBE 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 three 11 GLEBE CLOSE sales between June 1996 and March 2021 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 GLEBE CLOSE?

11 GLEBE CLOSE is 72m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 GLEBE CLOSE lies on this distribution: 7% of detached houses are smaller than 11 GLEBE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 GLEBE CLOSE: Plot and Title Map

11 GLEBE CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 11 GLEBE 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 GLEBE 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 GLEBE CLOSE?

11 GLEBE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 11 on GLEBE CLOSE.