18, PENNYFORD CLOSE, REDDITCH, B97 6TW - £217,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 PENNYFORD CLOSE is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £217,500 in October 2010, which was around 8% below the average October 2010 detached price in the Redditch local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

18 PENNYFORD CLOSE Sold Prices

Land registry data shows three sales for 18 PENNYFORD 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 18 PENNYFORD CLOSE sales was for below the average price, whilst two were 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
2010 22 OCT	£217,500	£236,918	8% below HPI
2002 12 DEC	£190,000	£188,701	1% above HPI
2000 28 JUL	£135,995	£123,770	10% above HPI

18 PENNYFORD 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 18 PENNYFORD CLOSE sales between July 2000 and October 2010 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 December 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 18 PENNYFORD CLOSE?

18 PENNYFORD CLOSE is 105m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 PENNYFORD CLOSE lies on this distribution: 41% of detached houses are smaller than 18 PENNYFORD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 PENNYFORD CLOSE: Plot and Title Map

18 PENNYFORD CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 18 PENNYFORD 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 PENNYFORD 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 PENNYFORD CLOSE?

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