41, MILFORD CLOSE, REDDITCH, B97 5PZ - £295,000

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

41 MILFORD CLOSE is a very small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £295,000 in November 2019, which was around 13% below the average November 2019 detached price in the Redditch local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

41 MILFORD CLOSE Sold Prices

Land registry data shows three sales for 41 MILFORD 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 41 MILFORD 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
2019 15 NOV	£295,000	£338,655	13% below HPI
2006 27 APR	£200,000	£233,975	15% below HPI
2000 18 AUG	£101,950	£126,173	19% below HPI

41 MILFORD 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 41 MILFORD CLOSE sales between August 2000 and November 2019 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 April 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 41 MILFORD CLOSE?

41 MILFORD CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in October 2019. 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 41 MILFORD CLOSE lies on this distribution: 18% of detached houses are smaller than 41 MILFORD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

41 MILFORD CLOSE: Plot and Title Map

41 MILFORD CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 41 MILFORD 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 41 MILFORD 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 41 MILFORD CLOSE?

41 MILFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 41 on MILFORD CLOSE.