54, CHESTERTON CLOSE, REDDITCH, B97 5XS - £650,000

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

54 CHESTERTON CLOSE is a very large detached house of 172m², built sometime between 1983 and 1990. It was last sold for £650,000 in August 2022, which was around 59% above the average August 2022 detached price in the Redditch local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

54 CHESTERTON CLOSE Sold Prices

Land registry data shows three sales for 54 CHESTERTON 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 54 CHESTERTON CLOSE sales were for above 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 4 AUG	£650,000	£408,743	59% above HPI
2016 19 JUL	£483,000	£292,666	65% above HPI
1998 4 DEC	£195,000	£104,687	86% above HPI

54 CHESTERTON 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 54 CHESTERTON CLOSE sales between December 1998 and August 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 July 2016 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2022 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 54 CHESTERTON CLOSE?

54 CHESTERTON CLOSE is 172m² according to the EPC inspection conducted in March 2016. This puts it in the largest 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 54 CHESTERTON CLOSE lies on this distribution: 93% of detached houses are smaller than 54 CHESTERTON CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Redditch.

54 CHESTERTON CLOSE: Plot and Title Map

54 CHESTERTON CLOSE sits on a plot of roughly 0.230 of an acre, or 932m². The below map shows the location of 54 CHESTERTON 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 54 CHESTERTON 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 54 CHESTERTON CLOSE?

54 CHESTERTON CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 54 on CHESTERTON CLOSE.