18, RADWAY CLOSE, REDDITCH, B98 8RZ - £251,000

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 RADWAY CLOSE is a small extended detached house of 102m², built sometime between 1991 and 1995. It was last sold for £251,000 in November 2023, which was around 38% below the average November 2023 detached price in the Redditch local authority area. The most recent EPC inspection was August 2024, where the current energy rating was B, and the potential energy rating was B.

18 RADWAY CLOSE Sold Prices

Land registry data shows two sales for 18 RADWAY 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 RADWAY 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 8 NOV	£251,000	£405,010	38% below HPI
2007 28 JUN	£214,000	£248,353	14% below HPI

18 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 two 18 RADWAY CLOSE sales from June 2007 and November 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 June 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 18 RADWAY CLOSE?

18 RADWAY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% 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 RADWAY CLOSE lies on this distribution: 38% of detached houses are smaller than 18 RADWAY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 RADWAY CLOSE: Plot and Title Map

18 RADWAY CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 18 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 18 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 18 RADWAY CLOSE?

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