53, SPETCHLEY CLOSE, REDDITCH, B97 5NB - £184,950

53 SPETCHLEY CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £184,950 in March 2012, which was around 18% below the average March 2012 detached price in the Redditch local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

53 SPETCHLEY CLOSE Sold Prices

Land registry data shows three sales for 53 SPETCHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 53 SPETCHLEY 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
2012 12 MAR	£184,950	£226,182	18% below HPI
2003 21 FEB	£126,000	£184,137	32% below HPI
2001 29 JUN	£88,000	£135,646	35% below HPI

53 SPETCHLEY 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 three 53 SPETCHLEY CLOSE sales between June 2001 and March 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 February 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2012 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 53 SPETCHLEY CLOSE?

53 SPETCHLEY CLOSE is 68m² according to the EPC inspection conducted in January 2015. 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 53 SPETCHLEY CLOSE lies on this distribution: 4% of detached houses are smaller than 53 SPETCHLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redditch.

53 SPETCHLEY CLOSE: Plot and Title Map

53 SPETCHLEY CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 53 SPETCHLEY 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 SPETCHLEY 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 SPETCHLEY CLOSE?

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