31, RADWAY CLOSE, REDDITCH, B98 8RZ - £240,000

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

31 RADWAY CLOSE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £240,000 in April 2014, which was around 5% below the average April 2014 detached price in the Redditch local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

31 RADWAY CLOSE Sold Prices

Land registry data shows two sales for 31 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 31 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
2014 11 APR	£240,000	£252,325	5% below HPI
2007 23 NOV	£240,000	£254,206	6% below HPI

31 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 31 RADWAY CLOSE sales from November 2007 and April 2014 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 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 31 RADWAY CLOSE?

31 RADWAY CLOSE is 117m² according to the EPC inspection conducted in June 2012. This puts it in the largest 50% 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 RADWAY CLOSE lies on this distribution: 57% of detached houses are smaller than 31 RADWAY CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Redditch.

31 RADWAY CLOSE: Plot and Title Map

31 RADWAY CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 31 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 31 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 31 RADWAY CLOSE?

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