7, JACKFIELD CLOSE, REDDITCH, B98 0BF - £340,000

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

7 JACKFIELD CLOSE is a large detached house of 127m², built sometime between 2003 and 2006. It was last sold for £340,000 in August 2023, which was around 16% below the average August 2023 detached price in the Redditch local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

7 JACKFIELD CLOSE Sold Prices

Land registry data shows three sales for 7 JACKFIELD 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 7 JACKFIELD 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
2023 8 AUG	£340,000	£406,799	16% below HPI
2019 7 MAR	£300,000	£331,526	10% below HPI
2003 19 DEC	£197,995	£201,552	2% below HPI

7 JACKFIELD 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 7 JACKFIELD CLOSE sales between December 2003 and August 2023 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 March 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 JACKFIELD CLOSE?

7 JACKFIELD CLOSE is 127m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 7 JACKFIELD CLOSE lies on this distribution: 69% of detached houses are smaller than 7 JACKFIELD CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 JACKFIELD CLOSE: Plot and Title Map

7 JACKFIELD CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 7 JACKFIELD 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 7 JACKFIELD 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 7 JACKFIELD CLOSE?

7 JACKFIELD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 7 on JACKFIELD CLOSE.