4, SHELTWOOD CLOSE, REDDITCH, B97 5RL - £187,000

4 SHELTWOOD CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £187,000 in July 2011, which was around 20% below the average July 2011 detached price in the Redditch local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

4 SHELTWOOD CLOSE Sold Prices

Land registry data shows two sales for 4 SHELTWOOD 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 SHELTWOOD 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
2011 15 JUL	£187,000	£234,439	20% below HPI
2005 31 AUG	£194,000	£240,032	19% below HPI

4 SHELTWOOD 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 SHELTWOOD CLOSE sales from August 2005 and July 2011 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 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 SHELTWOOD CLOSE?

4 SHELTWOOD CLOSE is 71m² according to the EPC inspection conducted in September 2010. 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 SHELTWOOD CLOSE lies on this distribution: 6% of detached houses are smaller than 4 SHELTWOOD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 SHELTWOOD CLOSE: Plot and Title Map

4 SHELTWOOD CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 4 SHELTWOOD 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 SHELTWOOD 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 SHELTWOOD CLOSE?

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