62, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 HOLLOWFIELDS CLOSE is a midsized detached house of 118m², which could now be worth an estimated £381,361. It was last sold for £265,000 in November 2015, which was about 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.

62 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows four sales for 62 HOLLOWFIELDS 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. The four 62 HOLLOWFIELDS CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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	£264,588	Close to HPI
2010 7 MAY	£219,000	£224,249	2% below HPI
2003 23 MAY	£189,000	£190,036	1% below HPI
2000 28 APR	£119,950	£112,075	7% above HPI

62 HOLLOWFIELDS 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 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 62 HOLLOWFIELDS CLOSE be worth now?

62 HOLLOWFIELDS CLOSE might now be worth an estimated £381,361.

This is based on house price inflation of 43.9%, between November 2015 and February 2025, 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 43.9% inflationary increase is applied to the most recent sale price for 62 HOLLOWFIELDS CLOSE of £265,000 on 27th November 2015. For the value to have increased from £265,000 to £381,361 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 62 HOLLOWFIELDS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 62 HOLLOWFIELDS CLOSE has not materially changed since November 2015.

How Large is 62 HOLLOWFIELDS CLOSE?

62 HOLLOWFIELDS CLOSE is 118m² according to the EPC inspection conducted in October 2009. This puts it in the largest 50% 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 62 HOLLOWFIELDS CLOSE lies on this distribution: 58% of detached houses houses are smaller than 62 HOLLOWFIELDS CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Redditch.

62 HOLLOWFIELDS CLOSE: Plot and Title Map

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.

Where is 62 HOLLOWFIELDS CLOSE?

62 HOLLOWFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 62 on HOLLOWFIELDS CLOSE.