12, CHESTERTON CLOSE, REDDITCH, B97 5XS - £490,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 CHESTERTON CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £490,000 in October 2021, which was around 32% above the average October 2021 detached price in the Redditch local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 CHESTERTON CLOSE Sold Prices

Land registry data shows two sales for 12 CHESTERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 12 CHESTERTON 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
2021 29 OCT	£490,000	£372,105	32% above HPI
2007 13 AUG	£285,000	£251,493	13% above HPI

12 CHESTERTON 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 two 12 CHESTERTON CLOSE sales from August 2007 and October 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 August 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2021 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 12 CHESTERTON CLOSE?

12 CHESTERTON CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 CHESTERTON CLOSE lies on this distribution: 52% of detached houses are smaller than 12 CHESTERTON CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 CHESTERTON CLOSE: Plot and Title Map

12 CHESTERTON CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 12 CHESTERTON 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 CHESTERTON 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 CHESTERTON CLOSE?

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