53, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £233,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

53 HOLLOWFIELDS CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £417,096. It was last sold for £233,000 in February 2012, which was around 8% above the average February 2012 detached price in the Redditch local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

53 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows two sales for 53 HOLLOWFIELDS 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 53 HOLLOWFIELDS CLOSE sales was for above the average price, whilst the other was 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
2012 8 FEB	£233,000	£216,082	8% above HPI
2006 10 AUG	£220,000	£230,012	4% below HPI

53 HOLLOWFIELDS 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 53 HOLLOWFIELDS CLOSE sales from August 2006 and February 2012 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 August 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2012 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 53 HOLLOWFIELDS CLOSE be worth now?

53 HOLLOWFIELDS CLOSE might now be worth an estimated £417,096.

This is based on house price inflation of 79%, between February 2012 and December 2024, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79% inflationary increase is applied to the most recent sale price for 53 HOLLOWFIELDS CLOSE of £233,000 on 8th February 2012. For the value to have increased from £233,000 to £417,096 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 53 HOLLOWFIELDS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2012 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 53 HOLLOWFIELDS CLOSE has not materially changed since February 2012.

How Large is 53 HOLLOWFIELDS CLOSE?

53 HOLLOWFIELDS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 53 HOLLOWFIELDS CLOSE lies on this distribution: 31% of detached houses houses are smaller than 53 HOLLOWFIELDS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Redditch.

53 HOLLOWFIELDS CLOSE: Plot and Title Map

53 HOLLOWFIELDS CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 53 HOLLOWFIELDS 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 HOLLOWFIELDS 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 HOLLOWFIELDS CLOSE?

53 HOLLOWFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 53 on HOLLOWFIELDS CLOSE.