2, NEWTON CLOSE, REDDITCH, B98 7YR - £355,000

2 NEWTON CLOSE is a very small detached house of 34m², built sometime between 1983 and 1990. It was last sold for £355,000 in January 2017, which was around 16% above the average January 2017 detached price in the Redditch local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

2 NEWTON CLOSE Sold Prices

Land registry data shows two sales for 2 NEWTON 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. One of the two 2 NEWTON CLOSE sales was for above the average price, whilst the other was 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 27 JAN	£355,000	£306,718	16% above HPI
2016 26 AUG	£278,000	£294,498	6% below HPI

2 NEWTON 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 2 NEWTON CLOSE sales from August 2016 and January 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 August 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 NEWTON CLOSE?

2 NEWTON CLOSE is 34m² according to the EPC inspection conducted in June 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 2 NEWTON CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 2 NEWTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 NEWTON CLOSE: Plot and Title Map

2 NEWTON CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 2 NEWTON 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 2 NEWTON 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 2 NEWTON CLOSE?

2 NEWTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 2 on NEWTON CLOSE.