25, GRAFTON CLOSE, REDDITCH, B98 7TR - £199,950

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

25 GRAFTON CLOSE is a large extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £199,950 in July 2015, which was around 27% below the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

25 GRAFTON CLOSE Sold Prices

Land registry data shows two sales for 25 GRAFTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 25 GRAFTON 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
2015 24 JUL	£199,950	£274,958	27% below HPI
1998 6 FEB	£63,000	£97,749	36% below HPI

25 GRAFTON 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 two 25 GRAFTON CLOSE sales from February 1998 and July 2015 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 February 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 GRAFTON CLOSE?

25 GRAFTON CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 25 GRAFTON CLOSE lies on this distribution: 70% of detached houses are smaller than 25 GRAFTON CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Redditch.

25 GRAFTON CLOSE: Plot and Title Map

25 GRAFTON CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 25 GRAFTON 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 25 GRAFTON 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 25 GRAFTON CLOSE?

25 GRAFTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 25 on GRAFTON CLOSE.