5, KEELE CLOSE, REDDITCH, B98 9NF - £260,000

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 KEELE CLOSE is a very small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £260,000 in November 2019, which was around 23% below the average November 2019 detached price in the Redditch local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

5 KEELE CLOSE Sold Prices

Land registry data shows two sales for 5 KEELE 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 5 KEELE 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
2019 1 NOV	£260,000	£338,655	23% below HPI
2018 4 MAY	£260,000	£316,031	18% below HPI

5 KEELE 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 5 KEELE CLOSE sales from May 2018 and November 2019 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 May 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 KEELE CLOSE?

5 KEELE CLOSE is 87m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 KEELE CLOSE lies on this distribution: 19% of detached houses are smaller than 5 KEELE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 KEELE CLOSE: Plot and Title Map

5 KEELE CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 5 KEELE 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 KEELE 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 KEELE CLOSE?

5 KEELE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 5 on KEELE CLOSE.