37, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £218,000

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

37 HOLLOWFIELDS CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £218,000 in March 2013, which was around 6% below the average March 2013 detached price in the Redditch local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

37 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows two sales for 37 HOLLOWFIELDS 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 37 HOLLOWFIELDS 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
2013 8 MAR	£218,000	£231,325	6% below HPI
1997 25 JUL	£92,000	£90,909	1% above HPI

37 HOLLOWFIELDS 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 37 HOLLOWFIELDS CLOSE sales from July 1997 and March 2013 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 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 37 HOLLOWFIELDS CLOSE be worth now?

37 HOLLOWFIELDS CLOSE might now be worth an estimated £364,530.

This is based on house price inflation of 67.2%, between March 2013 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 67.2% inflationary increase is applied to the most recent sale price for 37 HOLLOWFIELDS CLOSE of £218,000 on 8th March 2013. For the value to have increased from £218,000 to £364,530 over the ten years and three months to December 2024, the following assumptions must hold true:

• The value of 37 HOLLOWFIELDS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2013 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 37 HOLLOWFIELDS CLOSE has not materially changed since March 2013.

How Large is 37 HOLLOWFIELDS CLOSE?

37 HOLLOWFIELDS CLOSE is 115m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% 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 37 HOLLOWFIELDS CLOSE lies on this distribution: 55% of detached houses houses are smaller than 37 HOLLOWFIELDS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Redditch.

37 HOLLOWFIELDS CLOSE: Plot and Title Map

37 HOLLOWFIELDS CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 37 HOLLOWFIELDS 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 37 HOLLOWFIELDS 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 37 HOLLOWFIELDS CLOSE?

37 HOLLOWFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 37 on HOLLOWFIELDS CLOSE.