4, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 HOLLOWFIELDS CLOSE is a very large extended detached house of 190m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2023, which was around 23% above the average August 2023 detached price in the Redditch local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

4 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows three sales for 4 HOLLOWFIELDS 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. All of the three 4 HOLLOWFIELDS 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
2023 30 AUG	£500,000	£406,799	23% above HPI
2006 3 MAR	£250,000	£229,093	9% above HPI
2000 21 DEC	£144,000	£129,792	11% above HPI

4 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 three 4 HOLLOWFIELDS CLOSE sales between December 2000 and August 2023 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 March 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 4 HOLLOWFIELDS CLOSE?

4 HOLLOWFIELDS CLOSE is 190m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 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 HOLLOWFIELDS CLOSE lies on this distribution: 96% of detached houses are smaller than 4 HOLLOWFIELDS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 HOLLOWFIELDS CLOSE: Plot and Title Map

4 HOLLOWFIELDS CLOSE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 4 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 4 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 4 HOLLOWFIELDS CLOSE?

4 HOLLOWFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 4 on HOLLOWFIELDS CLOSE.