4, SALFORD CLOSE, REDDITCH, B98 7US - £155,000

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 SALFORD CLOSE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £155,000 in December 2013, which was around 37% below the average December 2013 detached price in the Redditch local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

4 SALFORD CLOSE Sold Prices

Land registry data shows two sales for 4 SALFORD 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 SALFORD 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
2013 20 DEC	£155,000	£247,679	37% below HPI
2006 21 DEC	£147,500	£243,918	40% below HPI

4 SALFORD 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 SALFORD CLOSE sales from December 2006 and December 2013 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 December 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2013 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 4 SALFORD CLOSE?

4 SALFORD CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% 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 SALFORD CLOSE lies on this distribution: 17% of detached houses are smaller than 4 SALFORD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 SALFORD CLOSE: Plot and Title Map

4 SALFORD CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 4 SALFORD 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 SALFORD 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 SALFORD CLOSE?

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