47, HOVETON CLOSE, REDDITCH, B98 7HQ - £124,250

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

47 HOVETON CLOSE is a large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £124,250 in March 2002, which was around 19% below the average March 2002 detached price in the Redditch local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

47 HOVETON CLOSE Sold Prices

Land registry data shows two sales for 47 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 47 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
2002 22 MAR	£124,250	£153,427	19% below HPI
2000 25 AUG	£117,500	£126,173	7% below HPI

47 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 47 HOVETON CLOSE sales from August 2000 and March 2002 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 August 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2002 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 47 HOVETON CLOSE?

47 HOVETON CLOSE is 133m² according to the EPC inspection conducted in January 2015. This puts it in the largest 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 47 HOVETON CLOSE lies on this distribution: 76% of detached houses are smaller than 47 HOVETON CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Redditch.

47 HOVETON CLOSE: Plot and Title Map

47 HOVETON CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 47 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 47 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 47 HOVETON CLOSE?

47 HOVETON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 47 on HOVETON CLOSE.