24, TANWOOD CLOSE, CALLOW HILL, REDDITCH, B97 5YU - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 TANWOOD CLOSE is a very small extended detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £431,013. It was last sold for £340,000 in September 2017, which was around 13% above the average September 2017 detached price in the Redditch local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

24 TANWOOD CLOSE Sold Prices

Land registry data shows four sales for 24 TANWOOD 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 24 TANWOOD CLOSE sales were 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
2017 22 SEP	£340,000	£300,365	13% above HPI
2012 22 NOV	£230,500	£226,804	2% above HPI
2003 5 DEC	£245,000	£194,148	26% above HPI
1999 25 JUN	£120,000	£103,660	16% above HPI

24 TANWOOD 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 24 TANWOOD CLOSE sales between June 1999 and September 2017 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 November 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 24 TANWOOD CLOSE be worth now?

24 TANWOOD CLOSE might now be worth an estimated £431,013.

This is based on house price inflation of 26.8%, between September 2017 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 26.8% inflationary increase is applied to the most recent sale price for 24 TANWOOD CLOSE of £340,000 on 22nd September 2017. For the value to have increased from £340,000 to £431,013 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 TANWOOD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 24 TANWOOD CLOSE has not materially changed since September 2017.

How Large is 24 TANWOOD CLOSE?

24 TANWOOD CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% 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 24 TANWOOD CLOSE lies on this distribution: 6% of detached houses houses are smaller than 24 TANWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

24 TANWOOD CLOSE: Plot and Title Map

24 TANWOOD CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 24 TANWOOD 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 24 TANWOOD 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 24 TANWOOD CLOSE?

24 TANWOOD CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 24 on TANWOOD CLOSE.