6, PROPHETS CLOSE, REDDITCH, B97 4SD - £162,500

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

6 PROPHETS CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £162,500 in August 2007, which was around 35% below the average August 2007 detached price in the Redditch local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

6 PROPHETS CLOSE Sold Prices

Land registry data shows two sales for 6 PROPHETS 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 6 PROPHETS 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
2007 24 AUG	£162,500	£251,493	35% below HPI
1996 18 JUN	£66,000	£87,377	24% below HPI

6 PROPHETS 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 6 PROPHETS CLOSE sales from June 1996 and August 2007 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 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2007 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 PROPHETS CLOSE?

6 PROPHETS CLOSE is 59m² according to the EPC inspection conducted in March 2024. 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 6 PROPHETS CLOSE lies on this distribution: 2% of detached houses are smaller than 6 PROPHETS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

6 PROPHETS CLOSE: Plot and Title Map

6 PROPHETS CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 6 PROPHETS 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 6 PROPHETS 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 6 PROPHETS CLOSE?

6 PROPHETS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 6 on PROPHETS CLOSE.