42, CHERINGTON CLOSE, REDDITCH, B98 0BB - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

42 CHERINGTON CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £295,000 in September 2020, which was around 15% below the average September 2020 detached price in the Redditch local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

42 CHERINGTON CLOSE Sold Prices

Land registry data shows two sales for 42 CHERINGTON 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 42 CHERINGTON 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
2020 22 SEP	£295,000	£348,001	15% below HPI
2001 16 FEB	£96,950	£131,128	26% below HPI

42 CHERINGTON 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 42 CHERINGTON CLOSE sales from February 2001 and September 2020 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 February 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 42 CHERINGTON CLOSE?

42 CHERINGTON CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 42 CHERINGTON CLOSE lies on this distribution: 47% of detached houses are smaller than 42 CHERINGTON CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Redditch.

42 CHERINGTON CLOSE: Plot and Title Map

42 CHERINGTON CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 42 CHERINGTON 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 42 CHERINGTON 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 42 CHERINGTON CLOSE?

42 CHERINGTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 42 on CHERINGTON CLOSE.