54, OAKHAM CLOSE, REDDITCH, B98 7YG - £310,000

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 OAKHAM CLOSE is a small extended detached house of 97m², built sometime between 1983 and 1990. It was last sold for £310,000 in February 2020, which was around 7% below the average February 2020 detached price in the Redditch local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

54 OAKHAM CLOSE Sold Prices

Land registry data shows four sales for 54 OAKHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 54 OAKHAM 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
2020 4 FEB	£310,000	£333,652	7% below HPI
2014 1 AUG	£243,000	£256,125	5% below HPI
2002 31 JUL	£125,000	£160,078	22% below HPI
1995 15 SEP	£76,000	£87,616	13% below HPI

54 OAKHAM 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 four 54 OAKHAM CLOSE sales between September 1995 and February 2020 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 54 OAKHAM CLOSE?

54 OAKHAM CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% 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 OAKHAM CLOSE lies on this distribution: 31% of detached houses are smaller than 54 OAKHAM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Redditch.

54 OAKHAM CLOSE: Plot and Title Map

54 OAKHAM CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 54 OAKHAM 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 OAKHAM 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 OAKHAM CLOSE?

54 OAKHAM CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 54 on OAKHAM CLOSE.