20, DRAKES CLOSE, REDDITCH, B97 5NG - £309,000

20 DRAKES CLOSE is a small detached house of 104m², built sometime between 1991 and 1995. It was last sold for £309,000 in July 2023, which was around 24% below the average July 2023 detached price in the Redditch local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

20 DRAKES CLOSE Sold Prices

Land registry data shows six sales for 20 DRAKES CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the six 20 DRAKES 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 21 JUL	£309,000	£404,509	24% below HPI
2018 9 APR	£641	£317,768	100% below HPI
2014 21 NOV	£216,000	£257,060	16% below HPI
2007 4 MAY	£208,000	£247,288	16% below HPI
2002 7 JUN	£140,000	£157,609	11% below HPI
1996 26 JUL	£79,000	£87,760	10% below HPI

20 DRAKES 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 six 20 DRAKES CLOSE sales between July 1996 and July 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 April 2018 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the July 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 20 DRAKES CLOSE?

20 DRAKES CLOSE is 104m² according to the EPC inspection conducted in June 2023. 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 20 DRAKES CLOSE lies on this distribution: 40% of detached houses are smaller than 20 DRAKES CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redditch.

20 DRAKES CLOSE: Plot and Title Map

20 DRAKES CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 20 DRAKES 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 20 DRAKES 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 20 DRAKES CLOSE?

20 DRAKES CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 20 on DRAKES CLOSE.