4, HOVETON CLOSE, REDDITCH, B98 7HQ - £373,000

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 HOVETON CLOSE is a midsized extended detached house of 114m², built sometime between 2007 and 2011. It was last sold for £373,000 in August 2024, which was around 11% below the average August 2024 detached price in the Redditch local authority area. The most recent EPC inspection was December 2023, where the current energy rating was B, and the potential energy rating was B.

4 HOVETON CLOSE Sold Prices

Land registry data shows three sales for 4 HOVETON 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 HOVETON 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
2024 19 AUG	£373,000	£419,328	11% below HPI
2003 7 AUG	£186,500	£200,647	7% below HPI
2001 6 JUL	£134,745	£138,717	3% below HPI

4 HOVETON 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 HOVETON CLOSE sales between July 2001 and August 2024 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 August 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 4 HOVETON CLOSE?

4 HOVETON CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in December 2023. 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 HOVETON CLOSE lies on this distribution: 54% of detached houses are smaller than 4 HOVETON CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 HOVETON CLOSE: Plot and Title Map

4 HOVETON CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 4 HOVETON 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 HOVETON 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 HOVETON CLOSE?

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