38, OFFENHAM CLOSE, REDDITCH, B98 8RJ - £177,000

38 OFFENHAM CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £177,000 in July 2014, which was around 30% below the average July 2014 detached price in the Redditch local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

38 OFFENHAM CLOSE Sold Prices

Land registry data shows two sales for 38 OFFENHAM 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 38 OFFENHAM 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 4 JUL	£177,000	£254,147	30% below HPI
2002 3 MAY	£110,000	£155,756	29% below HPI

38 OFFENHAM 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 38 OFFENHAM CLOSE sales from May 2002 and July 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 May 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 OFFENHAM CLOSE?

38 OFFENHAM CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 38 OFFENHAM CLOSE lies on this distribution: 14% of detached houses are smaller than 38 OFFENHAM CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 OFFENHAM CLOSE: Plot and Title Map

38 OFFENHAM CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 38 OFFENHAM 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 38 OFFENHAM 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 38 OFFENHAM CLOSE?

38 OFFENHAM CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 38 on OFFENHAM CLOSE.