16, ELDERSFIELD CLOSE, REDDITCH, B98 9NG - £232,000

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

16 ELDERSFIELD CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £232,000 in April 2012, which was around 3% above the average April 2012 detached price in the Redditch local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

16 ELDERSFIELD CLOSE Sold Prices

Land registry data shows two sales for 16 ELDERSFIELD 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 16 ELDERSFIELD 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
2012 27 APR	£232,000	£224,745	3% above HPI
2009 23 OCT	£175,000	£219,041	20% below HPI

16 ELDERSFIELD 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 16 ELDERSFIELD CLOSE sales from October 2009 and April 2012 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 16 ELDERSFIELD CLOSE?

16 ELDERSFIELD CLOSE is 77m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 16 ELDERSFIELD CLOSE lies on this distribution: 10% of detached houses are smaller than 16 ELDERSFIELD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 ELDERSFIELD CLOSE: Plot and Title Map

16 ELDERSFIELD CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 16 ELDERSFIELD 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 16 ELDERSFIELD 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 16 ELDERSFIELD CLOSE?

16 ELDERSFIELD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 16 on ELDERSFIELD CLOSE.