8, ALVESTON CLOSE, REDDITCH, B98 0TF - £190,000

8 ALVESTON CLOSE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £190,000 in October 2013, which was around 23% below the average October 2013 detached price in the Redditch local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

8 ALVESTON CLOSE Sold Prices

Land registry data shows five sales for 8 ALVESTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 8 ALVESTON 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
2013 11 OCT	£190,000	£246,513	23% below HPI
2007 11 MAY	£175,000	£247,288	29% below HPI
2004 30 JUL	£173,000	£215,644	20% below HPI
2000 17 NOV	£97,000	£129,667	25% below HPI
1995 15 SEP	£61,000	£87,616	30% below HPI

8 ALVESTON 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 five 8 ALVESTON CLOSE sales between September 1995 and October 2013 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 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 ALVESTON CLOSE?

8 ALVESTON CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 8 ALVESTON CLOSE lies on this distribution: 22% of detached houses are smaller than 8 ALVESTON CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 ALVESTON CLOSE: Plot and Title Map

8 ALVESTON CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 ALVESTON 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 8 ALVESTON 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 8 ALVESTON CLOSE?

8 ALVESTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 8 on ALVESTON CLOSE.