15, OSWESTRY CLOSE, REDDITCH, B97 5QE - £400,000

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

15 OSWESTRY CLOSE is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £400,000 in March 2024, which was around 3% below the average March 2024 detached price in the Redditch local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

15 OSWESTRY CLOSE Sold Prices

Land registry data shows two sales for 15 OSWESTRY 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 15 OSWESTRY 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
2024 28 MAR	£400,000	£411,977	3% below HPI
2002 8 NOV	£167,500	£183,820	9% below HPI

15 OSWESTRY 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 15 OSWESTRY CLOSE sales from November 2002 and March 2024 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 November 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 OSWESTRY CLOSE?

15 OSWESTRY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 15 OSWESTRY CLOSE lies on this distribution: 62% of detached houses are smaller than 15 OSWESTRY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 OSWESTRY CLOSE: Plot and Title Map

15 OSWESTRY CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 15 OSWESTRY 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 15 OSWESTRY 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 15 OSWESTRY CLOSE?

15 OSWESTRY CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 15 on OSWESTRY CLOSE.