18, EPSOM CLOSE, REDDITCH, B97 5FD - £227,500

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

18 EPSOM CLOSE is a midsized detached house of 116m², built sometime between 1991 and 1995. It was last sold for £227,500 in March 2013, which was around 5% below the average March 2013 detached price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

18 EPSOM CLOSE Sold Prices

Land registry data shows four sales for 18 EPSOM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the four 18 EPSOM 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
2013 1 MAR	£227,500	£240,147	5% below HPI
2011 15 APR	£205,000	£229,853	11% below HPI
2004 10 NOV	£220,000	£234,505	6% below HPI
1995 28 FEB	£98,950	£88,106	12% above HPI

18 EPSOM 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 four 18 EPSOM CLOSE sales between February 1995 and March 2013 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 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 18 EPSOM CLOSE?

18 EPSOM CLOSE is 116m² according to the EPC inspection conducted in January 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 18 EPSOM CLOSE lies on this distribution: 56% of detached houses are smaller than 18 EPSOM CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 EPSOM CLOSE: Plot and Title Map

18 EPSOM CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 18 EPSOM 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 18 EPSOM 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 18 EPSOM CLOSE?

18 EPSOM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 18 on EPSOM CLOSE.