31, UNDERWOOD CLOSE, CALLOW HILL, REDDITCH, B97 5YS - £254,950

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 UNDERWOOD CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £254,950 in May 2016, which was around 12% below the average May 2016 detached price in the Redditch local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

31 UNDERWOOD CLOSE Sold Prices

Land registry data shows three sales for 31 UNDERWOOD 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 UNDERWOOD 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
2016 24 MAY	£254,950	£289,057	12% below HPI
2012 30 NOV	£217,000	£235,454	8% below HPI
1999 9 APR	£96,000	£105,216	9% below HPI

31 UNDERWOOD 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 UNDERWOOD CLOSE sales between April 1999 and May 2016 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 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 31 UNDERWOOD CLOSE?

31 UNDERWOOD CLOSE is 85m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 UNDERWOOD CLOSE lies on this distribution: 17% of detached houses are smaller than 31 UNDERWOOD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Redditch.

31 UNDERWOOD CLOSE: Plot and Title Map

31 UNDERWOOD CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 31 UNDERWOOD 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 UNDERWOOD 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 UNDERWOOD CLOSE?

31 UNDERWOOD CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 31 on UNDERWOOD CLOSE.