60, TOWBURY CLOSE, REDDITCH, B98 7YZ - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

60 TOWBURY CLOSE is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £470,000 in September 2024, which was around 18% above the average September 2024 detached price in the Redditch local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

60 TOWBURY CLOSE Sold Prices

Land registry data shows three sales for 60 TOWBURY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 60 TOWBURY 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
2024 20 SEP	£470,000	£397,651	18% above HPI
2006 14 JUL	£239,000	£229,368	4% above HPI
1996 6 DEC	£105,500	£85,528	23% above HPI

60 TOWBURY 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 three 60 TOWBURY CLOSE sales between December 1996 and September 2024 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 60 TOWBURY CLOSE be worth now?

60 TOWBURY CLOSE might now be worth an estimated £457,188.

This is based on house price deflation of 2.7%, between September 2024 and December 2024, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% deflationary decrease is applied to the most recent sale price for 60 TOWBURY CLOSE of £470,000 on 20th September 2024. For the value to have decreased from £470,000 to £457,188 over the nine months to December 2024, the following assumptions must hold true:

• The value of 60 TOWBURY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2024 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 60 TOWBURY CLOSE has not materially changed since September 2024.

How Large is 60 TOWBURY CLOSE?

60 TOWBURY CLOSE is 132m² according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 60 TOWBURY CLOSE lies on this distribution: 74% of detached houses houses are smaller than 60 TOWBURY CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Redditch.

60 TOWBURY CLOSE: Plot and Title Map

60 TOWBURY CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 60 TOWBURY 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 60 TOWBURY 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 60 TOWBURY CLOSE?

60 TOWBURY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 60 on TOWBURY CLOSE.