62, OAKHAM CLOSE, REDDITCH, B98 7YQ - £420,000

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

62 OAKHAM CLOSE is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £420,000 in April 2024, which was around 3% above the average April 2024 detached price in the Redditch local authority area. The most recent EPC inspection was November 2023, where the current energy rating was B, and the potential energy rating was B.

62 OAKHAM CLOSE Sold Prices

Land registry data shows two sales for 62 OAKHAM 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 62 OAKHAM 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 3 APR	£420,000	£408,806	3% above HPI
2016 2 SEP	£309,950	£295,347	5% above HPI

62 OAKHAM 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 62 OAKHAM CLOSE sales from September 2016 and April 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 September 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2024 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 62 OAKHAM CLOSE?

62 OAKHAM CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% 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 OAKHAM CLOSE lies on this distribution: 84% of detached houses are smaller than 62 OAKHAM CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Redditch.

62 OAKHAM CLOSE: Plot and Title Map

62 OAKHAM CLOSE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 62 OAKHAM 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 OAKHAM 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 OAKHAM CLOSE?

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