5, ELMSTONE CLOSE, REDDITCH, B97 5UR - £275,000

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

5 ELMSTONE CLOSE is a very large extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2013, which was around 15% above the average May 2013 detached price in the Redditch local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

5 ELMSTONE CLOSE Sold Prices

Land registry data shows three sales for 5 ELMSTONE 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 5 ELMSTONE CLOSE sales were 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
2013 3 MAY	£275,000	£238,943	15% above HPI
2004 25 JUN	£274,000	£212,823	29% above HPI
2003 23 MAY	£245,000	£197,284	24% above HPI

5 ELMSTONE 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 5 ELMSTONE CLOSE sales between May 2003 and May 2013 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 June 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 ELMSTONE CLOSE?

5 ELMSTONE CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 5 ELMSTONE CLOSE lies on this distribution: 83% of detached houses are smaller than 5 ELMSTONE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 ELMSTONE CLOSE: Plot and Title Map

5 ELMSTONE CLOSE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 5 ELMSTONE 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 5 ELMSTONE 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 5 ELMSTONE CLOSE?

5 ELMSTONE CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on ELMSTONE CLOSE.