53, CRANHAM CLOSE, REDDITCH, B97 5AZ - £372,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

53 CRANHAM CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £372,000 in February 2021, which was around 5% above the average February 2021 detached price in the Redditch local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

53 CRANHAM CLOSE Sold Prices

Land registry data shows five sales for 53 CRANHAM 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. Most of the five 53 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
2021 18 FEB	£372,000	£353,958	5% above HPI
2016 19 FEB	£280,000	£284,358	2% below HPI
2002 14 MAR	£150,000	£153,427	2% below HPI
1999 8 OCT	£110,000	£114,115	4% below HPI
1996 28 FEB	£82,000	£90,102	9% below HPI

53 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 five 53 CRANHAM CLOSE sales between February 1996 and February 2021 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 February 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 53 CRANHAM CLOSE?

53 CRANHAM CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 53 CRANHAM CLOSE lies on this distribution: 28% of detached houses are smaller than 53 CRANHAM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redditch.

53 CRANHAM CLOSE: Plot and Title Map

53 CRANHAM CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 53 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 53 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 53 CRANHAM CLOSE?

53 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 53 on CRANHAM CLOSE.