17, RADWAY CLOSE, REDDITCH, B98 8RZ - £248,000

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 RADWAY CLOSE is a midsized detached house of 116m², built sometime between 1976 and 1982. It was last sold for £248,000 in May 2012, which was around 8% above the average May 2012 detached price in the Redditch local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

17 RADWAY CLOSE Sold Prices

Land registry data shows three sales for 17 RADWAY 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. One of the three 17 RADWAY CLOSE sales was for above the average price, whilst two 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
2012 11 MAY	£248,000	£229,253	8% above HPI
2005 6 MAY	£212,000	£230,845	8% below HPI
2000 18 JUL	£119,250	£123,770	4% below HPI

17 RADWAY 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 RADWAY CLOSE sales between July 2000 and May 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 May 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 17 RADWAY CLOSE?

17 RADWAY CLOSE is 116m² according to the EPC inspection conducted in March 2012. This puts it in the largest 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 RADWAY CLOSE lies on this distribution: 56% of detached houses are smaller than 17 RADWAY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 RADWAY CLOSE: Plot and Title Map

17 RADWAY CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 17 RADWAY 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 RADWAY 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 RADWAY CLOSE?

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