58, CHANDLERS CLOSE, REDDITCH, B97 5HU - £305,000

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

58 CHANDLERS CLOSE is a very small extended detached house of 58m², built sometime between 1967 and 1975. It was last sold for £305,000 in August 2021, which was around 17% below the average August 2021 detached price in the Redditch local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

58 CHANDLERS CLOSE Sold Prices

Land registry data shows four sales for 58 CHANDLERS 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 58 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
2021 25 AUG	£305,000	£367,183	17% below HPI
2008 29 FEB	£237,000	£258,664	8% below HPI
2004 2 JUL	£178,000	£215,644	17% below HPI
1998 26 AUG	£79,000	£104,112	24% below HPI

58 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 four 58 CHANDLERS CLOSE sales between August 1998 and August 2021 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 February 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 58 CHANDLERS CLOSE?

58 CHANDLERS CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in April 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 58 CHANDLERS CLOSE lies on this distribution: 2% of detached houses are smaller than 58 CHANDLERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

58 CHANDLERS CLOSE: Plot and Title Map

58 CHANDLERS CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 58 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 58 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 58 CHANDLERS CLOSE?

58 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 58 on CHANDLERS CLOSE.