15, FERNWOOD CLOSE, REDDITCH, B98 7TN - £240,000

15 FERNWOOD CLOSE is a very small extended detached house of 68m², built sometime between 2003 and 2006. It was last sold for £240,000 in March 2017, which was around 22% 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 D, and the potential energy rating was B.

15 FERNWOOD CLOSE Sold Prices

Land registry data shows four sales for 15 FERNWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 15 FERNWOOD 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
2017 24 MAR	£240,000	£307,507	22% below HPI
2007 30 NOV	£211,000	£254,206	17% below HPI
2002 28 MAR	£125,000	£153,427	19% below HPI
1997 8 AUG	£78,950	£96,098	18% below HPI

15 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 four 15 FERNWOOD CLOSE sales between August 1997 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 November 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 FERNWOOD CLOSE?

15 FERNWOOD CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 15 FERNWOOD CLOSE lies on this distribution: 4% of detached houses are smaller than 15 FERNWOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 FERNWOOD CLOSE: Plot and Title Map

15 FERNWOOD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 15 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 15 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 15 FERNWOOD CLOSE?

15 FERNWOOD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 15 on FERNWOOD CLOSE.