38, PENNYFORD CLOSE, REDDITCH, B97 6TW - £285,000

38 PENNYFORD CLOSE is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £285,000 in December 2016, which was around 7% below the average December 2016 detached price in the Redditch local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

38 PENNYFORD CLOSE Sold Prices

Land registry data shows three sales for 38 PENNYFORD 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. Two of the three 38 PENNYFORD CLOSE sales were for below the average price, whilst one 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
2016 9 DEC	£285,000	£305,837	7% below HPI
2012 19 OCT	£216,000	£235,227	8% below HPI
2001 28 MAR	£136,995	£131,978	4% above HPI

38 PENNYFORD 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 38 PENNYFORD CLOSE sales between March 2001 and December 2016 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 October 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 38 PENNYFORD CLOSE?

38 PENNYFORD CLOSE is 132m² according to the EPC inspection conducted in October 2010. This puts it in the largest 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 38 PENNYFORD CLOSE lies on this distribution: 76% of detached houses are smaller than 38 PENNYFORD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 PENNYFORD CLOSE: Plot and Title Map

38 PENNYFORD CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 38 PENNYFORD 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 PENNYFORD 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 PENNYFORD CLOSE?

38 PENNYFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 38 on PENNYFORD CLOSE.