56, CRANHAM CLOSE, REDDITCH, B97 5AZ - £430,000

56 CRANHAM CLOSE is a very large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £430,000 in July 2022, which was around 7% above the average July 2022 detached price in the Redditch local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

56 CRANHAM CLOSE Sold Prices

Land registry data shows two sales for 56 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 56 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
2022 20 JUL	£430,000	£403,362	7% above HPI
2010 20 AUG	£240,500	£232,417	3% above HPI

56 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 56 CRANHAM CLOSE sales from August 2010 and July 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 August 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 56 CRANHAM CLOSE?

56 CRANHAM CLOSE is 161m², which includes two extensions, according to the EPC inspection conducted in September 2020. 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 56 CRANHAM CLOSE lies on this distribution: 91% of detached houses are smaller than 56 CRANHAM CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Redditch.

56 CRANHAM CLOSE: Plot and Title Map

56 CRANHAM CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 56 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 56 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 56 CRANHAM CLOSE?

56 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 56 on CRANHAM CLOSE.