18, NORBURY CLOSE, REDDITCH, B98 8RP - £390,000

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

18 NORBURY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £390,000 in June 2023, which was around 4% below the average June 2023 detached price in the Redditch local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

18 NORBURY CLOSE Sold Prices

Land registry data shows two sales for 18 NORBURY 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 18 NORBURY 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 9 JUN	£390,000	£407,940	4% below HPI
2014 15 AUG	£247,500	£256,125	3% below HPI

18 NORBURY 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 NORBURY CLOSE sales from August 2014 and June 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 August 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 18 NORBURY CLOSE?

18 NORBURY CLOSE is 86m² according to the EPC inspection conducted in March 2023. 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 18 NORBURY CLOSE lies on this distribution: 18% of detached houses are smaller than 18 NORBURY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 NORBURY CLOSE: Plot and Title Map

18 NORBURY CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 18 NORBURY 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 NORBURY 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 NORBURY CLOSE?

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