40, HIGH TREES CLOSE, REDDITCH, B98 7XJ - £90,000

40 HIGH TREES CLOSE is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £90,000 in May 2004, which was around 58% below the average May 2004 detached price in the Redditch local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

40 HIGH TREES CLOSE Sold Prices

Land registry data shows two sales for 40 HIGH TREES 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 40 HIGH TREES 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
2004 7 MAY	£90,000	£214,916	58% below HPI
2000 31 JAN	£52,950	£115,204	54% below HPI

40 HIGH TREES 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 40 HIGH TREES CLOSE sales from January 2000 and May 2004 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 January 2000 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2004 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 40 HIGH TREES CLOSE?

40 HIGH TREES CLOSE is 86m² according to the EPC inspection conducted in November 2018. 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 40 HIGH TREES CLOSE lies on this distribution: 18% of detached houses are smaller than 40 HIGH TREES CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

40 HIGH TREES CLOSE: Plot and Title Map

40 HIGH TREES CLOSE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 40 HIGH TREES 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 40 HIGH TREES 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 40 HIGH TREES CLOSE?

40 HIGH TREES CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 40 on HIGH TREES CLOSE.