5, VALLEY CLOSE, CALLOW HILL, REDDITCH, B97 5YY - £290,000

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 VALLEY CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £290,000 in February 2024, which was around 29% below the average February 2024 detached price in the Redditch local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

5 VALLEY CLOSE Sold Prices

Land registry data shows two sales for 5 VALLEY 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. One of the two 5 VALLEY CLOSE sales was for below the average price, whilst the other was 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
2024 9 FEB	£290,000	£405,667	29% below HPI
2000 25 MAY	£122,500	£120,173	2% above HPI

5 VALLEY 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 VALLEY CLOSE sales from May 2000 and February 2024 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 VALLEY CLOSE?

5 VALLEY CLOSE is 72m² according to the EPC inspection conducted in February 2023. 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 5 VALLEY CLOSE lies on this distribution: 7% of detached houses are smaller than 5 VALLEY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 VALLEY CLOSE: Plot and Title Map

5 VALLEY CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 5 VALLEY 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 VALLEY 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 VALLEY CLOSE?

5 VALLEY CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 5 on VALLEY CLOSE.