23, BURNS CLOSE, REDDITCH, B97 5BS - £291,000

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

23 BURNS CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £291,000 in December 2021, which was around 24% below the average December 2021 detached price in the Redditch local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

23 BURNS CLOSE Sold Prices

Land registry data shows three sales for 23 BURNS 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 23 BURNS 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
2021 22 DEC	£291,000	£384,265	24% below HPI
2019 13 DEC	£200,500	£336,118	40% below HPI
2002 10 JUL	£129,000	£160,078	19% below HPI

23 BURNS 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 23 BURNS CLOSE sales between July 2002 and December 2021 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 December 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 23 BURNS CLOSE?

23 BURNS CLOSE is 70m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 23 BURNS CLOSE lies on this distribution: 5% of detached houses are smaller than 23 BURNS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

23 BURNS CLOSE: Plot and Title Map

23 BURNS CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 23 BURNS 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 23 BURNS 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 23 BURNS CLOSE?

23 BURNS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 23 on BURNS CLOSE.