34, PENNYFORD CLOSE, REDDITCH, B97 6TW - £290,000

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

34 PENNYFORD CLOSE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £290,000 in October 2018, which was around 13% below the average October 2018 detached price in the Redditch local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

34 PENNYFORD CLOSE Sold Prices

Land registry data shows two sales for 34 PENNYFORD 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 34 PENNYFORD 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
2018 26 OCT	£290,000	£334,114	13% below HPI
2000 16 JUN	£133,000	£122,860	8% above HPI

34 PENNYFORD 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 34 PENNYFORD CLOSE sales from June 2000 and October 2018 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 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 34 PENNYFORD CLOSE?

34 PENNYFORD CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 34 PENNYFORD CLOSE lies on this distribution: 37% of detached houses are smaller than 34 PENNYFORD CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Redditch.

34 PENNYFORD CLOSE: Plot and Title Map

34 PENNYFORD CLOSE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 34 PENNYFORD 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 34 PENNYFORD 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 34 PENNYFORD CLOSE?

34 PENNYFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 34 on PENNYFORD CLOSE.