57, CHANDLERS CLOSE, REDDITCH, B97 5HU - £276,000

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

57 CHANDLERS CLOSE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £276,000 in April 2022, which was around 31% below the average April 2022 detached price in the Redditch local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

57 CHANDLERS CLOSE Sold Prices

Land registry data shows two sales for 57 CHANDLERS 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 57 CHANDLERS 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
2022 8 APR	£276,000	£401,740	31% below HPI
1999 28 JUL	£84,500	£108,336	22% below HPI

57 CHANDLERS 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 57 CHANDLERS CLOSE sales from July 1999 and April 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 57 CHANDLERS CLOSE?

57 CHANDLERS CLOSE is 64m² according to the EPC inspection conducted in November 2021. 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 57 CHANDLERS CLOSE lies on this distribution: 3% of detached houses are smaller than 57 CHANDLERS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

57 CHANDLERS CLOSE: Plot and Title Map

57 CHANDLERS CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 57 CHANDLERS 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 57 CHANDLERS 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 57 CHANDLERS CLOSE?

57 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 57 on CHANDLERS CLOSE.