77, HOVETON CLOSE, REDDITCH, B98 7HW - £297,500

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.

77 HOVETON CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £344,039. It was last sold for £297,500 in July 2020, which was around 10% below the average July 2020 detached price in the Redditch local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

77 HOVETON CLOSE Sold Prices

Land registry data shows three sales for 77 HOVETON 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. Two of the three 77 HOVETON CLOSE sales were for below the average price, whilst one was 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
2020 8 JUL	£297,500	£331,462	10% below HPI
2005 9 SEP	£207,000	£229,989	10% below HPI
1999 27 AUG	£112,000	£105,938	6% above HPI

77 HOVETON 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 77 HOVETON CLOSE sales between August 1999 and July 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 September 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2020 sale, which was also at 10% below the HPI.

What might 77 HOVETON CLOSE be worth now?

77 HOVETON CLOSE might now be worth an estimated £344,039.

This is based on house price inflation of 15.6%, between July 2020 and March 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 15.6% inflationary increase is applied to the most recent sale price for 77 HOVETON CLOSE of £297,500 on 8th July 2020. For the value to have increased from £297,500 to £344,039 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 77 HOVETON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2020 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 77 HOVETON CLOSE has not materially changed since July 2020.

How Large is 77 HOVETON CLOSE?

77 HOVETON CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% 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 77 HOVETON CLOSE lies on this distribution: 35% of detached houses houses are smaller than 77 HOVETON CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Redditch.

77 HOVETON CLOSE: Plot and Title Map

77 HOVETON CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 77 HOVETON 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 77 HOVETON 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 77 HOVETON CLOSE?

77 HOVETON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 77 on HOVETON CLOSE.