3, MILFORD CLOSE, REDDITCH, B97 5PZ - £330,000

3 MILFORD CLOSE is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £330,000 in January 2016, which was around 17% above the average January 2016 detached price in the Redditch local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

3 MILFORD CLOSE Sold Prices

Land registry data shows four sales for 3 MILFORD 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. Two of the four 3 MILFORD CLOSE sales were for above the average price, whilst one 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
2016 15 JAN	£330,000	£283,053	17% above HPI
2010 17 MAY	£249,950	£232,802	7% above HPI
2005 12 OCT	£220,000	£237,419	7% below HPI
1995 28 APR	£85,500	£85,082	Close to HPI

3 MILFORD 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 3 MILFORD CLOSE sales between April 1995 and January 2016 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 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 MILFORD CLOSE?

3 MILFORD CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 3 MILFORD CLOSE lies on this distribution: 61% of detached houses are smaller than 3 MILFORD CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 MILFORD CLOSE: Plot and Title Map

3 MILFORD CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 3 MILFORD 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 3 MILFORD 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 3 MILFORD CLOSE?

3 MILFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on MILFORD CLOSE.