25, CHERINGTON CLOSE, REDDITCH, B98 0BB - £186,000

25 CHERINGTON CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £186,000 in February 2011, which was around 20% below the average February 2011 detached price in the Redditch local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

25 CHERINGTON CLOSE Sold Prices

Land registry data shows five sales for 25 CHERINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 25 CHERINGTON 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
2011 4 FEB	£186,000	£232,734	20% below HPI
2008 2 SEP	£174,000	£240,411	28% below HPI
2006 7 NOV	£194,000	£246,809	21% below HPI
2000 21 JAN	£105,950	£115,204	8% below HPI
1996 26 APR	£73,000	£89,297	18% below HPI

25 CHERINGTON 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 five 25 CHERINGTON CLOSE sales between April 1996 and February 2011 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 September 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2011 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 25 CHERINGTON CLOSE?

25 CHERINGTON CLOSE is 92m² according to the EPC inspection conducted in January 2010. 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 25 CHERINGTON CLOSE lies on this distribution: 26% of detached houses are smaller than 25 CHERINGTON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Redditch.

25 CHERINGTON CLOSE: Plot and Title Map

25 CHERINGTON CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 25 CHERINGTON 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 25 CHERINGTON 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 25 CHERINGTON CLOSE?

25 CHERINGTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 25 on CHERINGTON CLOSE.