8, NEIGHBROOK CLOSE, REDDITCH, B97 5YA - £277,000

8 NEIGHBROOK CLOSE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £277,000 in April 2018, which was around 13% below the average April 2018 detached price in the Redditch local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

8 NEIGHBROOK CLOSE Sold Prices

Land registry data shows three sales for 8 NEIGHBROOK 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 8 NEIGHBROOK 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
2018 20 APR	£277,000	£317,768	13% below HPI
2006 24 MAR	£197,500	£229,093	14% below HPI
2003 30 APR	£154,950	£195,038	21% below HPI

8 NEIGHBROOK 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 8 NEIGHBROOK CLOSE sales between April 2003 and April 2018 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 March 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 NEIGHBROOK CLOSE?

8 NEIGHBROOK CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% 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 NEIGHBROOK CLOSE lies on this distribution: 12% of detached houses are smaller than 8 NEIGHBROOK CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 NEIGHBROOK CLOSE: Plot and Title Map

8 NEIGHBROOK CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 8 NEIGHBROOK 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 NEIGHBROOK 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 NEIGHBROOK CLOSE?

8 NEIGHBROOK CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 8 on NEIGHBROOK CLOSE.