55, CRANHAM CLOSE, REDDITCH, B97 5AZ - £339,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 CRANHAM CLOSE is a very large extended detached house of 154m², built sometime between 1976 and 1982. It was last sold for £339,000 in January 2017, which was around 11% above the average January 2017 detached price in the Redditch local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

55 CRANHAM CLOSE Sold Prices

Land registry data shows two sales for 55 CRANHAM 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. Both of the two 55 CRANHAM 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
2017 9 JAN	£339,000	£306,718	11% above HPI
2006 19 JUN	£285,000	£239,114	19% above HPI

55 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 two 55 CRANHAM CLOSE sales from June 2006 and January 2017 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 June 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 55 CRANHAM CLOSE?

55 CRANHAM CLOSE is 154m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 55 CRANHAM CLOSE lies on this distribution: 89% of detached houses are smaller than 55 CRANHAM CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Redditch.

55 CRANHAM CLOSE: Plot and Title Map

55 CRANHAM CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 55 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 55 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 55 CRANHAM CLOSE?

55 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 55 on CRANHAM CLOSE.