23, CHAPEL STREET, HEADLESS CROSS, REDDITCH, B97 5BB - £195,000

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 CHAPEL STREET is a very small extended detached house of 66m², built sometime between 1950 and 1966. It was last sold for £195,000 in February 2021, which was around 45% below the average February 2021 detached price in the Redditch local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

23 CHAPEL STREET Sold Prices

Land registry data shows six sales for 23 CHAPEL STREET 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 23 CHAPEL STREET 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 26 FEB	£195,000	£353,958	45% below HPI
2017 27 APR	£175,000	£308,470	43% below HPI
2006 1 SEP	£145,000	£243,260	40% below HPI
2004 17 DEC	£135,000	£235,590	43% below HPI
2002 31 MAY	£90,500	£155,756	42% below HPI
1997 7 FEB	£51,200	£91,810	44% below HPI

23 CHAPEL STREET 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 23 CHAPEL STREET sales between February 1997 and February 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 April 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 23 CHAPEL STREET?

23 CHAPEL STREET is 66m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 CHAPEL STREET lies on this distribution: 3% of detached houses are smaller than 23 CHAPEL STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Redditch.

23 CHAPEL STREET: Plot and Title Map

23 CHAPEL STREET sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 23 CHAPEL STREET, 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 CHAPEL STREET). 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 CHAPEL STREET?

23 CHAPEL STREET is located in HEADLESS CROSS, in the B97 postcode district. The below map shows the position of No. 23 on CHAPEL STREET.