22, GILBERTSTONE CLOSE, REDDITCH, B98 7NQ - £279,950

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

22 GILBERTSTONE CLOSE is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £279,950 in February 2018, which was around 13% below the average February 2018 detached price in the Redditch local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

22 GILBERTSTONE CLOSE Sold Prices

Land registry data shows three sales for 22 GILBERTSTONE 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. All of the three 22 GILBERTSTONE 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
2018 15 FEB	£279,950	£320,861	13% below HPI
2015 1 MAY	£240,000	£267,710	10% below HPI
2002 28 OCT	£158,000	£180,230	12% below HPI

22 GILBERTSTONE 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 22 GILBERTSTONE CLOSE sales between October 2002 and February 2018 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 May 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 GILBERTSTONE CLOSE?

22 GILBERTSTONE CLOSE is 100m² according to the EPC inspection conducted in December 2014. 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 22 GILBERTSTONE CLOSE lies on this distribution: 34% of detached houses are smaller than 22 GILBERTSTONE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 GILBERTSTONE CLOSE: Plot and Title Map

22 GILBERTSTONE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 22 GILBERTSTONE 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 22 GILBERTSTONE 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 22 GILBERTSTONE CLOSE?

22 GILBERTSTONE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 22 on GILBERTSTONE CLOSE.