Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 REDHILL CLOSE is a very small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £326,000 in November 2015, which was around 11% below the average November 2015 detached price in the Wiltshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 REDHILL CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the three 8 REDHILL 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 |
---|---|---|---|
2015 12 NOV | £326,000 | £367,280 | 11% below HPI |
2002 10 MAY | £192,500 | £213,009 | 10% below HPI |
1996 14 OCT | £86,500 | £105,189 | 18% below HPI |
The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The three 8 REDHILL CLOSE sales between October 1996 and November 2015 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 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
8 REDHILL CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Derry Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Derry Hill, and where 8 REDHILL CLOSE lies on this distribution: 9% of detached houses are smaller than 8 REDHILL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Derry Hill.
8 REDHILL CLOSE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 8 REDHILL 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 REDHILL 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.
8 REDHILL CLOSE is located in DERRY HILL, in the SN11 postcode district. The below map shows the position of No. 8 on REDHILL CLOSE.