45, TOWBURY CLOSE, REDDITCH, B98 7YZ - £310,000

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

45 TOWBURY CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £310,000 in February 2021, which was around 12% below the average February 2021 detached price in the Redditch local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

45 TOWBURY CLOSE Sold Prices

Land registry data shows two sales for 45 TOWBURY 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. One of the two 45 TOWBURY CLOSE sales was for below the average price, whilst the other was for above 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 12 FEB	£310,000	£353,958	12% below HPI
1995 7 APR	£93,000	£85,082	9% above HPI

45 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 two 45 TOWBURY CLOSE sales from April 1995 and February 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 April 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 45 TOWBURY CLOSE?

45 TOWBURY CLOSE is 95m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 TOWBURY CLOSE lies on this distribution: 28% of detached houses are smaller than 45 TOWBURY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Redditch.

45 TOWBURY CLOSE: Plot and Title Map

45 TOWBURY CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 45 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 45 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 45 TOWBURY CLOSE?

45 TOWBURY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 45 on TOWBURY CLOSE.