1, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £305,000

1 HOLLOWFIELDS CLOSE is a very large extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £305,000 in March 2017, which was around 1% below the average March 2017 detached price in the Redditch local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

1 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows three sales for 1 HOLLOWFIELDS 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. Two of the three 1 HOLLOWFIELDS CLOSE sales were for below the average price, whilst one was for above 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
2017 29 MAR	£305,000	£307,507	1% below HPI
2016 22 DEC	£295,000	£305,837	4% below HPI
2003 10 OCT	£222,000	£201,400	10% above HPI

1 HOLLOWFIELDS 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 1 HOLLOWFIELDS CLOSE sales between October 2003 and March 2017 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 December 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 HOLLOWFIELDS CLOSE?

1 HOLLOWFIELDS CLOSE is 156m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 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 1 HOLLOWFIELDS CLOSE lies on this distribution: 89% of detached houses are smaller than 1 HOLLOWFIELDS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 HOLLOWFIELDS CLOSE: Plot and Title Map

1 HOLLOWFIELDS CLOSE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 1 HOLLOWFIELDS 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 1 HOLLOWFIELDS 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 1 HOLLOWFIELDS CLOSE?

1 HOLLOWFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 1 on HOLLOWFIELDS CLOSE.