48, CHANDLERS CLOSE, REDDITCH, B97 5HU - £200,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48 CHANDLERS CLOSE is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £200,000 in May 2012, which was around 13% below the average May 2012 detached price in the Redditch local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

48 CHANDLERS CLOSE Sold Prices

Land registry data shows two sales for 48 CHANDLERS 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 48 CHANDLERS 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
2012 11 MAY	£200,000	£229,253	13% below HPI
2001 30 AUG	£115,000	£142,236	19% below HPI

48 CHANDLERS 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 48 CHANDLERS CLOSE sales from August 2001 and May 2012 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 48 CHANDLERS CLOSE?

48 CHANDLERS CLOSE is 92m² according to the EPC inspection conducted in October 2011. 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 48 CHANDLERS CLOSE lies on this distribution: 26% of detached houses are smaller than 48 CHANDLERS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Redditch.

48 CHANDLERS CLOSE: Plot and Title Map

48 CHANDLERS CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 48 CHANDLERS 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 48 CHANDLERS 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 48 CHANDLERS CLOSE?

48 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 48 on CHANDLERS CLOSE.