20, PARKLANDS CLOSE, REDDITCH, B97 6PZ - £168,000

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

20 PARKLANDS CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £168,000 in July 2014, which was around 34% below the average July 2014 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.

20 PARKLANDS CLOSE Sold Prices

Land registry data shows four sales for 20 PARKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 20 PARKLANDS 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
2014 28 JUL	£168,000	£254,147	34% below HPI
2011 29 JUL	£163,500	£234,439	30% below HPI
2005 25 NOV	£201,000	£236,519	15% below HPI
2002 27 SEP	£153,995	£171,337	10% below HPI

20 PARKLANDS 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 four 20 PARKLANDS CLOSE sales between September 2002 and July 2014 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 July 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 20 PARKLANDS CLOSE?

20 PARKLANDS CLOSE is 80m² according to the EPC inspection conducted in June 2010. 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 20 PARKLANDS CLOSE lies on this distribution: 13% of detached houses are smaller than 20 PARKLANDS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Redditch.

20 PARKLANDS CLOSE: Plot and Title Map

20 PARKLANDS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 20 PARKLANDS 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 PARKLANDS 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 PARKLANDS CLOSE?

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