12, BELMONT CLOSE, REDDITCH, B97 5AW - £525,000

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

12 BELMONT CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £525,000 in July 2023, which was around 30% above the average July 2023 detached price in the Redditch local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

12 BELMONT CLOSE Sold Prices

Land registry data shows three sales for 12 BELMONT 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 12 BELMONT 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
2023 26 JUL	£525,000	£404,680	30% above HPI
2001 17 MAY	£190,000	£134,167	42% above HPI
1996 19 JUL	£110,000	£87,760	25% above HPI

12 BELMONT 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 12 BELMONT CLOSE sales between July 1996 and July 2023 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 2001 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 12 BELMONT CLOSE?

12 BELMONT CLOSE is 115m² according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 12 BELMONT CLOSE lies on this distribution: 55% of detached houses are smaller than 12 BELMONT CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 BELMONT CLOSE: Plot and Title Map

12 BELMONT CLOSE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 12 BELMONT 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 12 BELMONT 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 12 BELMONT CLOSE?

12 BELMONT CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 12 on BELMONT CLOSE.