7, KERSWELL CLOSE, REDDITCH, B97 6SU - £430,000

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 KERSWELL CLOSE is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £430,000 in February 2022, which was around 11% above the average February 2022 detached price in the Redditch local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

7 KERSWELL CLOSE Sold Prices

Land registry data shows three sales for 7 KERSWELL 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 KERSWELL 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
2022 28 FEB	£430,000	£386,762	11% above HPI
2002 28 AUG	£205,000	£165,617	24% above HPI
1999 25 JUN	£149,950	£107,614	39% above HPI

7 KERSWELL 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 KERSWELL CLOSE sales between June 1999 and February 2022 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 August 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 7 KERSWELL CLOSE?

7 KERSWELL CLOSE is 128m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% 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 KERSWELL CLOSE lies on this distribution: 70% of detached houses are smaller than 7 KERSWELL CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 KERSWELL CLOSE: Plot and Title Map

7 KERSWELL CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 7 KERSWELL 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 KERSWELL 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 KERSWELL CLOSE?

7 KERSWELL CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on KERSWELL CLOSE.