17, MILTON CLOSE, REDDITCH, B97 5BQ - £310,000

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 MILTON CLOSE is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £310,000 in November 2023, which was around 23% below the average November 2023 detached price in the Redditch local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

17 MILTON CLOSE Sold Prices

Land registry data shows two sales for 17 MILTON 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. Both of the two 17 MILTON 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 10 NOV	£310,000	£404,090	23% below HPI
2002 19 APR	£110,000	£154,091	29% below HPI

17 MILTON 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 17 MILTON CLOSE sales from April 2002 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 April 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 17 MILTON CLOSE?

17 MILTON CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 MILTON CLOSE lies on this distribution: 5% of detached houses are smaller than 17 MILTON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 MILTON CLOSE: Plot and Title Map

17 MILTON CLOSE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 17 MILTON 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 MILTON 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 MILTON CLOSE?

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