8, STABLEFORD CLOSE, REDDITCH, B97 5HS - £258,000

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 STABLEFORD CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £258,000 in October 2020, which was around 26% below the average October 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.

8 STABLEFORD CLOSE Sold Prices

Land registry data shows two sales for 8 STABLEFORD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 8 STABLEFORD 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 16 OCT	£258,000	£348,777	26% below HPI
2006 2 OCT	£228,000	£245,677	7% below HPI

8 STABLEFORD 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 two 8 STABLEFORD CLOSE sales from October 2006 and October 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 October 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 STABLEFORD CLOSE?

8 STABLEFORD CLOSE is 65m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 STABLEFORD CLOSE lies on this distribution: 3% of detached houses are smaller than 8 STABLEFORD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 STABLEFORD CLOSE: Plot and Title Map

8 STABLEFORD CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 8 STABLEFORD 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 STABLEFORD 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 STABLEFORD CLOSE?

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