22, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £289,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 HOLLOWFIELDS CLOSE is a very large detached house of 145m², built sometime between 1983 and 1990, which could now be worth an estimated £376,736. It was last sold for £289,950 in November 2016, which was around 1% below the average November 2016 detached price in the Redditch local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

22 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows three sales for 22 HOLLOWFIELDS 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. Two of the three 22 HOLLOWFIELDS CLOSE sales were for below the average price, whilst one was 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
2016 18 NOV	£289,950	£293,053	1% below HPI
2009 20 MAR	£215,000	£207,230	4% above HPI
2008 11 FEB	£195,000	£249,161	22% below HPI

22 HOLLOWFIELDS 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 HOLLOWFIELDS CLOSE sales between February 2008 and November 2016 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 March 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 22 HOLLOWFIELDS CLOSE be worth now?

22 HOLLOWFIELDS CLOSE might now be worth an estimated £376,736.

This is based on house price inflation of 29.9%, between November 2016 and February 2025, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.9% inflationary increase is applied to the most recent sale price for 22 HOLLOWFIELDS CLOSE of £289,950 on 18th November 2016. For the value to have increased from £289,950 to £376,736 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 HOLLOWFIELDS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2016 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 22 HOLLOWFIELDS CLOSE has not materially changed since November 2016.

How Large is 22 HOLLOWFIELDS CLOSE?

22 HOLLOWFIELDS CLOSE is 145m² according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 22 HOLLOWFIELDS CLOSE lies on this distribution: 85% of detached houses houses are smaller than 22 HOLLOWFIELDS CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 HOLLOWFIELDS CLOSE: Plot and Title Map

22 HOLLOWFIELDS CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 22 HOLLOWFIELDS 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 HOLLOWFIELDS 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 HOLLOWFIELDS CLOSE?

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