16, OSWESTRY CLOSE, REDDITCH, B97 5QE - £215,000

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 OSWESTRY CLOSE is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £215,000 in February 2014, which was around 13% below the average February 2014 detached price in the Redditch local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

16 OSWESTRY CLOSE Sold Prices

Land registry data shows three sales for 16 OSWESTRY 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 16 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
2014 17 FEB	£215,000	£247,150	13% below HPI
2006 15 SEP	£215,000	£243,260	12% below HPI
2002 24 JUL	£38,000	£160,078	76% below HPI

16 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 three 16 OSWESTRY CLOSE sales between July 2002 and February 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 September 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 OSWESTRY CLOSE?

16 OSWESTRY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 16 OSWESTRY CLOSE lies on this distribution: 22% of detached houses are smaller than 16 OSWESTRY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 OSWESTRY CLOSE: Plot and Title Map

16 OSWESTRY CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 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 16 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 16 OSWESTRY CLOSE?

16 OSWESTRY CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 16 on OSWESTRY CLOSE.