7, MOORCROFT CLOSE, REDDITCH, B97 5WB - £274,000

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 MOORCROFT CLOSE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £274,000 in December 2016, which was around 10% below the average December 2016 detached price in the Redditch local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

7 MOORCROFT CLOSE Sold Prices

Land registry data shows four sales for 7 MOORCROFT 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. Most of the four 7 MOORCROFT 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
2016 16 DEC	£274,000	£305,837	10% below HPI
2003 8 AUG	£207,000	£200,647	3% above HPI
1998 12 JUN	£113,500	£101,102	12% above HPI
1996 27 SEP	£106,000	£89,692	18% above HPI

7 MOORCROFT 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 7 MOORCROFT CLOSE sales between September 1996 and December 2016 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 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 MOORCROFT CLOSE?

7 MOORCROFT CLOSE is 110m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 MOORCROFT CLOSE lies on this distribution: 47% of detached houses are smaller than 7 MOORCROFT CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 MOORCROFT CLOSE: Plot and Title Map

7 MOORCROFT CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 7 MOORCROFT 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 MOORCROFT 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 MOORCROFT CLOSE?

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