12, NEWPORT CLOSE, REDDITCH, B97 5PY - £301,500

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 NEWPORT CLOSE is a midsized extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £301,500 in February 2017, which was around 2% below the average February 2017 detached price in the Redditch local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

12 NEWPORT CLOSE Sold Prices

Land registry data shows two sales for 12 NEWPORT 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 NEWPORT 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
2017 27 FEB	£301,500	£307,742	2% below HPI
2000 15 DEC	£126,000	£129,792	3% below HPI

12 NEWPORT 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 NEWPORT CLOSE sales from December 2000 and February 2017 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 December 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 NEWPORT CLOSE?

12 NEWPORT CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 NEWPORT CLOSE lies on this distribution: 40% of detached houses are smaller than 12 NEWPORT CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 NEWPORT CLOSE: Plot and Title Map

12 NEWPORT CLOSE sits on a plot of roughly 0.142 of an acre, or 577m². The below map shows the location of 12 NEWPORT 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 NEWPORT 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 NEWPORT CLOSE?

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