31, FERNWOOD CLOSE, REDDITCH, B98 7TN - £187,500

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

31 FERNWOOD CLOSE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £187,500 in February 2003, which was around 2% above the average February 2003 detached price in the Redditch local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

31 FERNWOOD CLOSE Sold Prices

Land registry data shows three sales for 31 FERNWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 31 FERNWOOD 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
2003 14 FEB	£187,500	£184,137	2% above HPI
2001 29 JUN	£160,000	£135,646	18% above HPI
1998 14 APR	£134,950	£99,247	36% above HPI

31 FERNWOOD 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 three 31 FERNWOOD CLOSE sales between April 1998 and February 2003 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 June 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2003 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 31 FERNWOOD CLOSE?

31 FERNWOOD CLOSE is 134m² according to the EPC inspection conducted in February 2024. 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 31 FERNWOOD CLOSE lies on this distribution: 77% of detached houses are smaller than 31 FERNWOOD CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

31 FERNWOOD CLOSE: Plot and Title Map

31 FERNWOOD CLOSE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 31 FERNWOOD 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 31 FERNWOOD 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 31 FERNWOOD CLOSE?

31 FERNWOOD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 31 on FERNWOOD CLOSE.