27, MARCHWOOD CLOSE, REDDITCH, B97 6TX - £283,000

27 MARCHWOOD CLOSE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £283,000 in October 2022, which was around 31% below the average October 2022 detached price in the Redditch local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

27 MARCHWOOD CLOSE Sold Prices

Land registry data shows four sales for 27 MARCHWOOD 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 27 MARCHWOOD 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
2022 31 OCT	£283,000	£410,958	31% below HPI
2012 17 DEC	£150,000	£236,124	36% below HPI
2004 27 FEB	£152,000	£207,530	27% below HPI
2000 30 NOV	£93,995	£129,667	28% below HPI

27 MARCHWOOD 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 27 MARCHWOOD CLOSE sales between November 2000 and October 2022 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 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 27 MARCHWOOD CLOSE?

27 MARCHWOOD CLOSE is 64m² according to the EPC inspection conducted in June 2022. 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 27 MARCHWOOD CLOSE lies on this distribution: 3% of detached houses are smaller than 27 MARCHWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

27 MARCHWOOD CLOSE: Plot and Title Map

27 MARCHWOOD CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 27 MARCHWOOD 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 27 MARCHWOOD 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 27 MARCHWOOD CLOSE?

27 MARCHWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 27 on MARCHWOOD CLOSE.