4, GISBURN CLOSE, REDDITCH, B97 6TH - £141,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 GISBURN CLOSE is a very small semi-detached house of 54m², built sometime between 1996 and 2002. It was last sold for £141,000 in June 2006, which was around 41% below the average June 2006 detached price in the Redditch local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 GISBURN CLOSE Sold Prices

Land registry data shows two sales for 4 GISBURN 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 4 GISBURN 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
2006 30 JUN	£141,000	£239,114	41% below HPI
1999 30 JUN	£64,995	£107,614	40% below HPI

4 GISBURN 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 4 GISBURN CLOSE sales from June 1999 and June 2006 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 June 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2006 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 4 GISBURN CLOSE?

4 GISBURN CLOSE is 54m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 GISBURN CLOSE lies on this distribution: 1% of detached houses are smaller than 4 GISBURN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 GISBURN CLOSE: Plot and Title Map

4 GISBURN CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 4 GISBURN 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 GISBURN 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 GISBURN CLOSE?

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