52, PACKWOOD CLOSE, REDDITCH, B97 5SL - £275,000

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 PACKWOOD CLOSE is a very small extended detached house of 63m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2022, which was around 31% below the average May 2022 detached price in the Redditch local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

52 PACKWOOD CLOSE Sold Prices

Land registry data shows five sales for 52 PACKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 52 PACKWOOD 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
2022 31 MAY	£275,000	£398,813	31% below HPI
2011 18 NOV	£182,500	£232,659	22% below HPI
2007 26 OCT	£185,000	£254,511	27% below HPI
2005 19 JUL	£164,000	£236,404	31% below HPI
1998 10 JUL	£65,000	£102,038	36% below HPI

52 PACKWOOD 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 five 52 PACKWOOD CLOSE sales between July 1998 and May 2022 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 52 PACKWOOD CLOSE?

52 PACKWOOD CLOSE is 63m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 52 PACKWOOD CLOSE lies on this distribution: 2% of detached houses are smaller than 52 PACKWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

52 PACKWOOD CLOSE: Plot and Title Map

52 PACKWOOD CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 52 PACKWOOD 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 PACKWOOD 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 PACKWOOD CLOSE?

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