45, MILFORD CLOSE, REDDITCH, B97 5PZ - £285,000

45 MILFORD CLOSE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £285,000 in March 2021, which was around 19% below the average March 2021 detached price in the Redditch local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

45 MILFORD CLOSE Sold Prices

Land registry data shows two sales for 45 MILFORD 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 45 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
2021 19 MAR	£285,000	£353,360	19% below HPI
2006 26 MAY	£185,000	£236,497	22% below HPI

45 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 two 45 MILFORD CLOSE sales from May 2006 and March 2021 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 May 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 45 MILFORD CLOSE?

45 MILFORD CLOSE is 57m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 45 MILFORD CLOSE lies on this distribution: 1% of detached houses are smaller than 45 MILFORD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

45 MILFORD CLOSE: Plot and Title Map

45 MILFORD CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 45 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 45 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 45 MILFORD CLOSE?

45 MILFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 45 on MILFORD CLOSE.