46, MILFORD CLOSE, REDDITCH, B97 5PZ - £277,500

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

46 MILFORD CLOSE is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £277,500 in November 2018, which was around 18% below the average November 2018 detached price in the Redditch local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

46 MILFORD CLOSE Sold Prices

Land registry data shows three sales for 46 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 46 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
2018 30 NOV	£277,500	£338,956	18% below HPI
2015 13 JUL	£220,000	£274,958	20% below HPI
2014 12 DEC	£173,000	£257,702	33% below HPI

46 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 46 MILFORD CLOSE sales between December 2014 and November 2018 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 46 MILFORD CLOSE?

46 MILFORD CLOSE is 57m² according to the EPC inspection conducted in July 2015. 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 46 MILFORD CLOSE lies on this distribution: 1% of detached houses are smaller than 46 MILFORD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

46 MILFORD CLOSE: Plot and Title Map

46 MILFORD CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 46 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 46 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 46 MILFORD CLOSE?

46 MILFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 46 on MILFORD CLOSE.