15, TANWOOD CLOSE, CALLOW HILL, REDDITCH, B97 5YU - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 TANWOOD CLOSE is a very large extended detached house of 160m², built sometime between 1983 and 1990, which could now be worth an estimated £474,493. It was last sold for £480,000 in June 2022, which was around 25% above the average June 2022 detached price in the Redditch local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.

15 TANWOOD CLOSE Sold Prices

Land registry data shows three sales for 15 TANWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 15 TANWOOD 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
2022 14 JUN	£480,000	£385,187	25% above HPI
2019 11 OCT	£425,000	£326,860	30% above HPI
2016 10 JUN	£345,000	£280,390	23% above HPI

15 TANWOOD 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 three 15 TANWOOD CLOSE sales between June 2016 and June 2022 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 2019 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 TANWOOD CLOSE be worth now?

15 TANWOOD CLOSE might now be worth an estimated £474,493.

This is based on house price deflation of 1.1%, between June 2022 and February 2025, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% deflationary decrease is applied to the most recent sale price for 15 TANWOOD CLOSE of £480,000 on 14th June 2022. For the value to have decreased from £480,000 to £474,493 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 15 TANWOOD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TANWOOD CLOSE has not materially changed since June 2022.

How Large is 15 TANWOOD CLOSE?

15 TANWOOD CLOSE is 160m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 15 TANWOOD CLOSE lies on this distribution: 90% of detached houses houses are smaller than 15 TANWOOD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 TANWOOD CLOSE: Plot and Title Map

15 TANWOOD CLOSE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 15 TANWOOD 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 TANWOOD 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 TANWOOD CLOSE?

15 TANWOOD CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 15 on TANWOOD CLOSE.