3, PURSHALL CLOSE, REDDITCH, B97 4PD - £295,000

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

3 PURSHALL CLOSE is a very large extended detached house of 203m², built sometime between 1996 and 2002. It was last sold for £295,000 in August 2006, which was around 24% above the average August 2006 detached price in the Redditch local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was C.

3 PURSHALL CLOSE Sold Prices

Land registry data shows two sales for 3 PURSHALL 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 3 PURSHALL 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
2006 15 AUG	£295,000	£238,784	24% above HPI
1996 4 SEP	£159,950	£89,692	78% above HPI

3 PURSHALL 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 3 PURSHALL CLOSE sales from September 1996 and August 2006 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 September 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2006 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 PURSHALL CLOSE?

3 PURSHALL CLOSE is 203m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 3 PURSHALL CLOSE lies on this distribution: 98% of detached houses are smaller than 3 PURSHALL CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 PURSHALL CLOSE: Plot and Title Map

3 PURSHALL CLOSE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 3 PURSHALL 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 3 PURSHALL 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 3 PURSHALL CLOSE?

3 PURSHALL CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on PURSHALL CLOSE.