75, FOXCOTE CLOSE, REDDITCH, B98 0PS - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

75 FOXCOTE CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £373,192. It was last sold for £315,000 in February 2020, which was around 2% below the average February 2020 detached price in the Redditch local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

75 FOXCOTE CLOSE Sold Prices

Land registry data shows four sales for 75 FOXCOTE 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. All of the four 75 FOXCOTE 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
2020 17 FEB	£315,000	£321,395	2% below HPI
2017 31 MAY	£180,100	£297,119	39% below HPI
2005 9 SEP	£170,500	£229,989	26% below HPI
1998 4 JUN	£73,500	£97,388	25% below HPI

75 FOXCOTE 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 75 FOXCOTE CLOSE sales between June 1998 and February 2020 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 May 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 75 FOXCOTE CLOSE be worth now?

75 FOXCOTE CLOSE might now be worth an estimated £373,192.

This is based on house price inflation of 18.5%, between February 2020 and February 2025, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 75 FOXCOTE CLOSE of £315,000 on 17th February 2020. For the value to have increased from £315,000 to £373,192 over the five years to February 2025, the following assumptions must hold true:

• The value of 75 FOXCOTE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 75 FOXCOTE CLOSE has not materially changed since February 2020.

How Large is 75 FOXCOTE CLOSE?

75 FOXCOTE CLOSE is 73m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 75 FOXCOTE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 75 FOXCOTE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Redditch.

75 FOXCOTE CLOSE: Plot and Title Map

75 FOXCOTE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 75 FOXCOTE 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 75 FOXCOTE 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 75 FOXCOTE CLOSE?

75 FOXCOTE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 75 on FOXCOTE CLOSE.