16, CHANDLERS CLOSE, REDDITCH, B97 5HU - £181,000

16 CHANDLERS CLOSE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £181,000 in June 2012, which was around 22% below the average June 2012 detached price in the Redditch local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

16 CHANDLERS CLOSE Sold Prices

Land registry data shows four sales for 16 CHANDLERS 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 16 CHANDLERS 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
2012 6 JUN	£181,000	£232,903	22% below HPI
2006 10 MAY	£188,000	£236,497	21% below HPI
2001 22 JUN	£119,000	£135,646	12% below HPI
1998 29 DEC	£83,000	£104,687	21% below HPI

16 CHANDLERS 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 16 CHANDLERS CLOSE sales between December 1998 and June 2012 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 May 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2012 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 CHANDLERS CLOSE?

16 CHANDLERS CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 16 CHANDLERS CLOSE lies on this distribution: 24% of detached houses are smaller than 16 CHANDLERS CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 CHANDLERS CLOSE: Plot and Title Map

16 CHANDLERS CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 16 CHANDLERS 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 16 CHANDLERS 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 16 CHANDLERS CLOSE?

16 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 16 on CHANDLERS CLOSE.