22, MARCHWOOD CLOSE, REDDITCH, B97 6TX - £293,357

22 MARCHWOOD CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £293,357 in December 2022, which was around 29% below the average December 2022 detached price in the Redditch local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

22 MARCHWOOD CLOSE Sold Prices

Land registry data shows three sales for 22 MARCHWOOD 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. All of the three 22 MARCHWOOD 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
2022 5 DEC	£293,357	£411,573	29% below HPI
2004 2 APR	£154,000	£214,435	28% below HPI
2000 30 JUN	£95,995	£122,860	22% below HPI

22 MARCHWOOD 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 22 MARCHWOOD CLOSE sales between June 2000 and December 2022 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 April 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 22 MARCHWOOD CLOSE?

22 MARCHWOOD CLOSE is 72m² according to the EPC inspection conducted in July 2019. 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 22 MARCHWOOD CLOSE lies on this distribution: 7% of detached houses are smaller than 22 MARCHWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 MARCHWOOD CLOSE: Plot and Title Map

22 MARCHWOOD CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 22 MARCHWOOD 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 22 MARCHWOOD 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 22 MARCHWOOD CLOSE?

22 MARCHWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 22 on MARCHWOOD CLOSE.