7, KEMPSFORD CLOSE, REDDITCH, B98 7YS - £320,000

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

7 KEMPSFORD CLOSE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £320,000 in August 2018, which was around 2% below the average August 2018 detached price in the Redditch local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

7 KEMPSFORD CLOSE Sold Prices

Land registry data shows two sales for 7 KEMPSFORD 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 7 KEMPSFORD 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
2018 24 AUG	£320,000	£326,835	2% below HPI
2006 27 JUL	£200,000	£238,116	16% below HPI

7 KEMPSFORD 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 7 KEMPSFORD CLOSE sales from July 2006 and August 2018 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 KEMPSFORD CLOSE?

7 KEMPSFORD CLOSE is 100m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 KEMPSFORD CLOSE lies on this distribution: 34% of detached houses are smaller than 7 KEMPSFORD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 KEMPSFORD CLOSE: Plot and Title Map

7 KEMPSFORD CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 7 KEMPSFORD 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 KEMPSFORD 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 KEMPSFORD CLOSE?

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