35, PACKWOOD CLOSE, REDDITCH, B97 5SJ - £175,000

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

35 PACKWOOD CLOSE is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £175,000 in October 2014, which was around 32% below the average October 2014 detached price in the Redditch local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

35 PACKWOOD CLOSE Sold Prices

Land registry data shows two sales for 35 PACKWOOD 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 35 PACKWOOD 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 10 OCT	£175,000	£255,943	32% below HPI
2004 23 JUL	£177,950	£215,644	17% below HPI

35 PACKWOOD 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 35 PACKWOOD CLOSE sales from July 2004 and October 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 July 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 35 PACKWOOD CLOSE?

35 PACKWOOD CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 35 PACKWOOD CLOSE lies on this distribution: 22% of detached houses are smaller than 35 PACKWOOD CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Redditch.

35 PACKWOOD CLOSE: Plot and Title Map

35 PACKWOOD CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 35 PACKWOOD 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 35 PACKWOOD 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 35 PACKWOOD CLOSE?

35 PACKWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 35 on PACKWOOD CLOSE.