17, ELDERSFIELD CLOSE, REDDITCH, B98 9NG - £425,000

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

17 ELDERSFIELD CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £425,000 in September 2023, which was around 4% above the average September 2023 detached price in the Redditch local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

17 ELDERSFIELD CLOSE Sold Prices

Land registry data shows three sales for 17 ELDERSFIELD 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 ELDERSFIELD 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
2023 22 SEP	£425,000	£407,433	4% above HPI
2019 17 APR	£360,000	£335,019	7% above HPI
2002 5 FEB	£155,000	£150,032	3% above HPI

17 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 three 17 ELDERSFIELD CLOSE sales between February 2002 and September 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 April 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 17 ELDERSFIELD CLOSE?

17 ELDERSFIELD CLOSE is 85m² according to the EPC inspection conducted in March 2018. 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 17 ELDERSFIELD CLOSE lies on this distribution: 17% of detached houses are smaller than 17 ELDERSFIELD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 ELDERSFIELD CLOSE: Plot and Title Map

17 ELDERSFIELD CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 17 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 17 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 17 ELDERSFIELD CLOSE?

17 ELDERSFIELD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 17 on ELDERSFIELD CLOSE.