36, PACKWOOD CLOSE, REDDITCH, B97 5SJ - £171,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

36 PACKWOOD CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £171,000 in June 2011, which was around 25% below the average June 2011 detached price in the Redditch local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

36 PACKWOOD CLOSE Sold Prices

Land registry data shows three sales for 36 PACKWOOD 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 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
2011 24 JUN	£171,000	£226,725	25% below HPI
2002 9 AUG	£124,500	£159,533	22% below HPI
1997 21 NOV	£71,000	£93,235	24% below HPI

36 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 three 36 PACKWOOD CLOSE sales between November 1997 and June 2011 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 August 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 36 PACKWOOD CLOSE be worth now?

36 PACKWOOD CLOSE might now be worth an estimated £291,740.

This is based on house price inflation of 70.6%, between June 2011 and December 2024, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.6% inflationary increase is applied to the most recent sale price for 36 PACKWOOD CLOSE of £171,000 on 24th June 2011. For the value to have increased from £171,000 to £291,740 over the twelve years and six months to December 2024, the following assumptions must hold true:

• The value of 36 PACKWOOD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2011 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 36 PACKWOOD CLOSE has not materially changed since June 2011.

How Large is 36 PACKWOOD CLOSE?

36 PACKWOOD CLOSE is 74m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 36 PACKWOOD CLOSE lies on this distribution: 8% of detached houses houses are smaller than 36 PACKWOOD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Redditch.

36 PACKWOOD CLOSE: Plot and Title Map

36 PACKWOOD CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 36 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 36 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 36 PACKWOOD CLOSE?

36 PACKWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 36 on PACKWOOD CLOSE.