25, RADWAY CLOSE, REDDITCH, B98 8RZ - £228,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 RADWAY CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £228,000 in October 2015, which was around 18% below the average October 2015 detached price in the Redditch local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

25 RADWAY CLOSE Sold Prices

Land registry data shows two sales for 25 RADWAY 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 RADWAY 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 27 OCT	£228,000	£278,868	18% below HPI
2003 7 NOV	£185,000	£201,943	8% below HPI

25 RADWAY 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 RADWAY CLOSE sales from November 2003 and October 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 November 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 25 RADWAY CLOSE?

25 RADWAY CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 RADWAY CLOSE lies on this distribution: 30% of detached houses are smaller than 25 RADWAY CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Redditch.

25 RADWAY CLOSE: Plot and Title Map

25 RADWAY CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 25 RADWAY 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 RADWAY 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 RADWAY CLOSE?

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