12, SHELLEY CLOSE, REDDITCH, B97 5BE - £285,000

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

12 SHELLEY CLOSE is a midsized detached house of 118m², built sometime between 1950 and 1966. It was last sold for £285,000 in January 2014, which was around 16% above the average January 2014 detached price in the Redditch local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

12 SHELLEY CLOSE Sold Prices

Land registry data shows two sales for 12 SHELLEY 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. One of the two 12 SHELLEY CLOSE sales was for above the average price, whilst the other was 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
2014 8 JAN	£285,000	£245,207	16% above HPI
2008 4 JUL	£190,000	£244,883	22% below HPI

12 SHELLEY 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 SHELLEY CLOSE sales from July 2008 and January 2014 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 SHELLEY CLOSE?

12 SHELLEY CLOSE is 118m² according to the EPC inspection conducted in September 2012. 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 SHELLEY CLOSE lies on this distribution: 58% of detached houses are smaller than 12 SHELLEY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 SHELLEY CLOSE: Plot and Title Map

12 SHELLEY CLOSE sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of 12 SHELLEY 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 SHELLEY 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 SHELLEY CLOSE?

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