52, CRANHAM CLOSE, REDDITCH, B97 5AZ - £243,000

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

52 CRANHAM CLOSE is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £243,000 in July 2015, which was around 12% below the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

52 CRANHAM CLOSE Sold Prices

Land registry data shows four sales for 52 CRANHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 52 CRANHAM 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
2015 24 JUL	£243,000	£274,958	12% below HPI
2012 2 NOV	£215,000	£235,454	9% below HPI
2002 9 DEC	£154,950	£188,701	18% below HPI
2001 5 DEC	£120,000	£144,358	17% below HPI

52 CRANHAM 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 four 52 CRANHAM CLOSE sales between December 2001 and July 2015 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 November 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 52 CRANHAM CLOSE?

52 CRANHAM CLOSE is 94m² according to the EPC inspection conducted in March 2015. 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 52 CRANHAM CLOSE lies on this distribution: 27% of detached houses are smaller than 52 CRANHAM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redditch.

52 CRANHAM CLOSE: Plot and Title Map

52 CRANHAM CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 52 CRANHAM 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 52 CRANHAM 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 52 CRANHAM CLOSE?

52 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 52 on CRANHAM CLOSE.