44, HOVETON CLOSE, REDDITCH, B98 7HQ - £242,000

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

44 HOVETON CLOSE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £242,000 in July 2015, which was around 12% below the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

44 HOVETON CLOSE Sold Prices

Land registry data shows two sales for 44 HOVETON 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 44 HOVETON 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
2015 31 JUL	£242,000	£274,958	12% below HPI
2001 24 OCT	£136,995	£146,517	6% below HPI

44 HOVETON 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 44 HOVETON CLOSE sales from October 2001 and July 2015 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 October 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 44 HOVETON CLOSE?

44 HOVETON CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 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 44 HOVETON CLOSE lies on this distribution: 56% of detached houses are smaller than 44 HOVETON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redditch.

44 HOVETON CLOSE: Plot and Title Map

44 HOVETON CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 44 HOVETON 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 44 HOVETON 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 44 HOVETON CLOSE?

44 HOVETON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 44 on HOVETON CLOSE.