12, FERNWOOD CLOSE, REDDITCH, B98 7TN - £312,500

12 FERNWOOD CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £312,500 in November 2018, which was around 8% below the average November 2018 detached price in the Redditch local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

12 FERNWOOD CLOSE Sold Prices

Land registry data shows three sales for 12 FERNWOOD 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. One of the three 12 FERNWOOD CLOSE sales was for below the average price, whilst two were 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
2018 28 NOV	£312,500	£338,956	8% below HPI
2012 21 MAR	£230,000	£226,182	2% above HPI
1997 27 JUN	£94,950	£93,424	2% above HPI

12 FERNWOOD 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 12 FERNWOOD CLOSE sales between June 1997 and November 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 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 12 FERNWOOD CLOSE?

12 FERNWOOD CLOSE is 79m² according to the EPC inspection conducted in August 2011. 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 12 FERNWOOD CLOSE lies on this distribution: 12% of detached houses are smaller than 12 FERNWOOD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 FERNWOOD CLOSE: Plot and Title Map

12 FERNWOOD CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 12 FERNWOOD 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 12 FERNWOOD 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 12 FERNWOOD CLOSE?

12 FERNWOOD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 12 on FERNWOOD CLOSE.