14, OUTWOOD CLOSE, REDDITCH, B98 7YE - £362,000

14 OUTWOOD CLOSE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £362,000 in June 2016, which was around 24% above the average June 2016 detached price in the Redditch local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

14 OUTWOOD CLOSE Sold Prices

Land registry data shows two sales for 14 OUTWOOD 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 14 OUTWOOD 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
2016 24 JUN	£362,000	£291,084	24% above HPI
2001 16 OCT	£169,950	£146,517	16% above HPI

14 OUTWOOD 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 14 OUTWOOD CLOSE sales from October 2001 and June 2016 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 October 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2016 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 14 OUTWOOD CLOSE?

14 OUTWOOD CLOSE is 135m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 14 OUTWOOD CLOSE lies on this distribution: 77% of detached houses are smaller than 14 OUTWOOD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 OUTWOOD CLOSE: Plot and Title Map

14 OUTWOOD CLOSE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 14 OUTWOOD 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 14 OUTWOOD 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 14 OUTWOOD CLOSE?

14 OUTWOOD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 14 on OUTWOOD CLOSE.