17, CRANHAM CLOSE, REDDITCH, B97 5AY - £367,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

17 CRANHAM CLOSE is a midsized extended detached house of 105m², built sometime between 1983 and 1990. It was last sold for £367,000 in November 2023, which was around 10% below the average November 2023 detached price in the Redditch local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

17 CRANHAM CLOSE Sold Prices

Land registry data shows three sales for 17 CRANHAM 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 17 CRANHAM 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
2023 8 NOV	£367,000	£406,687	10% below HPI
2008 29 FEB	£227,500	£258,664	12% below HPI
2007 27 APR	£234,500	£246,872	5% below HPI

17 CRANHAM 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 17 CRANHAM CLOSE sales between April 2007 and November 2023 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 February 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 17 CRANHAM CLOSE?

17 CRANHAM CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 17 CRANHAM CLOSE lies on this distribution: 41% of detached houses are smaller than 17 CRANHAM CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 CRANHAM CLOSE: Plot and Title Map

17 CRANHAM CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 17 CRANHAM 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 17 CRANHAM 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 17 CRANHAM CLOSE?

17 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 17 on CRANHAM CLOSE.