32, FERNWOOD CLOSE, REDDITCH, B98 7TN - £230,000

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

32 FERNWOOD CLOSE is a large detached house of 133m², built sometime between 1983 and 1990. It was last sold for £230,000 in January 2014, which was around 6% below the average January 2014 detached price in the Redditch local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

32 FERNWOOD CLOSE Sold Prices

Land registry data shows two sales for 32 FERNWOOD 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. One of the two 32 FERNWOOD CLOSE sales was for below the average price, whilst the other was 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
2014 17 JAN	£230,000	£245,207	6% below HPI
1999 12 NOV	£133,000	£114,431	16% above HPI

32 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 two 32 FERNWOOD CLOSE sales from November 1999 and January 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 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 32 FERNWOOD CLOSE?

32 FERNWOOD CLOSE is 133m² according to the EPC inspection conducted in September 2022. 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 32 FERNWOOD CLOSE lies on this distribution: 76% of detached houses are smaller than 32 FERNWOOD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Redditch.

32 FERNWOOD CLOSE: Plot and Title Map

32 FERNWOOD CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 32 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 32 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 32 FERNWOOD CLOSE?

32 FERNWOOD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 32 on FERNWOOD CLOSE.