4, EPSOM CLOSE, REDDITCH, B97 5FD - £345,000

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

4 EPSOM CLOSE is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £345,000 in May 2017, which was around 12% above the average May 2017 detached price in the Redditch local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

4 EPSOM CLOSE Sold Prices

Land registry data shows four sales for 4 EPSOM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 4 EPSOM CLOSE sales were 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
2017 25 MAY	£345,000	£308,451	12% above HPI
2014 3 SEP	£270,000	£256,460	5% above HPI
1996 8 NOV	£129,950	£89,732	45% above HPI
1995 9 NOV	£100,000	£88,002	14% above HPI

4 EPSOM 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 four 4 EPSOM CLOSE sales between November 1995 and May 2017 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 September 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 4 EPSOM CLOSE?

4 EPSOM CLOSE is 117m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 4 EPSOM CLOSE lies on this distribution: 57% of detached houses are smaller than 4 EPSOM CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 EPSOM CLOSE: Plot and Title Map

4 EPSOM CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 4 EPSOM 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 4 EPSOM 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 4 EPSOM CLOSE?

4 EPSOM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 4 on EPSOM CLOSE.