36, GRAFTON CLOSE, REDDITCH, B98 7TR - £260,000

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

36 GRAFTON CLOSE is a very small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £260,000 in March 2022, which was around 33% below the average March 2022 detached price in the Redditch local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

36 GRAFTON CLOSE Sold Prices

Land registry data shows three sales for 36 GRAFTON 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 36 GRAFTON 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
2022 4 MAR	£260,000	£386,735	33% below HPI
2007 2 JUL	£196,000	£249,482	21% below HPI
1998 2 OCT	£72,000	£104,176	31% below HPI

36 GRAFTON 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 36 GRAFTON CLOSE sales between October 1998 and March 2022 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 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 36 GRAFTON CLOSE?

36 GRAFTON CLOSE is 88m² according to the EPC inspection conducted in November 2018. 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 36 GRAFTON CLOSE lies on this distribution: 20% of detached houses are smaller than 36 GRAFTON CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Redditch.

36 GRAFTON CLOSE: Plot and Title Map

36 GRAFTON CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 36 GRAFTON 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 36 GRAFTON 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 36 GRAFTON CLOSE?

36 GRAFTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 36 on GRAFTON CLOSE.