18, FERNWOOD CLOSE, REDDITCH, B98 7TN - £245,000

18 FERNWOOD CLOSE is a very small detached house of 54m², built sometime between 1991 and 1995. It was last sold for £245,000 in November 2019, which was around 28% below the average November 2019 detached price in the Redditch local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

18 FERNWOOD CLOSE Sold Prices

Land registry data shows two sales for 18 FERNWOOD 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. One of the two 18 FERNWOOD CLOSE sales was for below the average price, whilst the other was 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
2019 22 NOV	£245,000	£338,655	28% below HPI
1997 17 OCT	£250,000	£97,776	156% above HPI

18 FERNWOOD 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 18 FERNWOOD CLOSE sales from October 1997 and November 2019 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 October 1997 sale was for 156% above the HPI. So the extrapolation line tracks at 156% above the HPI over time, until the November 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 FERNWOOD CLOSE?

18 FERNWOOD CLOSE is 54m² according to the EPC inspection conducted in October 2018. 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 18 FERNWOOD CLOSE lies on this distribution: 1% of detached houses are smaller than 18 FERNWOOD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 FERNWOOD CLOSE: Plot and Title Map

18 FERNWOOD CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 18 FERNWOOD 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 FERNWOOD 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 FERNWOOD CLOSE?

18 FERNWOOD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 18 on FERNWOOD CLOSE.