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
62 HOLLOWFIELDS CLOSE is a midsized detached house of 118m². It was last sold for £265,000 in November 2015, which was around 4% below the average November 2015 detached price in the Redditch local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 62 HOLLOWFIELDS CLOSE since 1st 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. Most of the four 62 HOLLOWFIELDS 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 |
---|---|---|---|
2015 27 NOV | £265,000 | £274,679 | 4% below HPI |
2010 7 MAY | £219,000 | £232,802 | 6% below HPI |
2003 23 MAY | £189,000 | £197,284 | 4% below HPI |
2000 28 APR | £119,950 | £116,350 | 3% above HPI |
The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The four 62 HOLLOWFIELDS CLOSE sales between April 2000 and November 2015 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 May 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
62 HOLLOWFIELDS CLOSE is 118m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 62 HOLLOWFIELDS CLOSE lies on this distribution: 58% of detached houses are smaller than 62 HOLLOWFIELDS CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Redditch.
62 HOLLOWFIELDS CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 62 HOLLOWFIELDS 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 62 HOLLOWFIELDS 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.
62 HOLLOWFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 62 on HOLLOWFIELDS CLOSE.