40, TOWBURY CLOSE, REDDITCH, B98 7YZ - £270,000

40 TOWBURY CLOSE is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £270,000 in October 2018, which was around 19% below the average October 2018 detached price in the Redditch local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

40 TOWBURY CLOSE Sold Prices

Land registry data shows three sales for 40 TOWBURY 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 40 TOWBURY 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
2018 5 OCT	£270,000	£334,114	19% below HPI
2014 26 AUG	£212,000	£256,125	17% below HPI
2007 12 JAN	£200,000	£243,752	18% below HPI

40 TOWBURY 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 40 TOWBURY CLOSE sales between January 2007 and October 2018 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 40 TOWBURY CLOSE?

40 TOWBURY CLOSE is 101m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% 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 TOWBURY CLOSE lies on this distribution: 37% of detached houses are smaller than 40 TOWBURY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Redditch.

40 TOWBURY CLOSE: Plot and Title Map

40 TOWBURY CLOSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 40 TOWBURY 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 TOWBURY 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 TOWBURY CLOSE?

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