90, CRANHAM CLOSE, REDDITCH, B97 5AZ - £268,500

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

90 CRANHAM CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £268,500 in February 2020, which was around 20% below the average February 2020 detached price in the Redditch local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

90 CRANHAM CLOSE Sold Prices

Land registry data shows two sales for 90 CRANHAM 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 90 CRANHAM 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 7 FEB	£268,500	£333,652	20% below HPI
2006 30 JUN	£181,500	£239,114	24% below HPI

90 CRANHAM 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 90 CRANHAM CLOSE sales from June 2006 and February 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 June 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 90 CRANHAM CLOSE?

90 CRANHAM CLOSE is 73m² according to the EPC inspection conducted in October 2019. 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 90 CRANHAM CLOSE lies on this distribution: 7% of detached houses are smaller than 90 CRANHAM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Redditch.

90 CRANHAM CLOSE: Plot and Title Map

90 CRANHAM CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 90 CRANHAM 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 90 CRANHAM 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 90 CRANHAM CLOSE?

90 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 90 on CRANHAM CLOSE.