42, PACKWOOD CLOSE, REDDITCH, B97 5SL - £190,000

42 PACKWOOD CLOSE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £190,000 in June 2015, which was around 30% below the average June 2015 detached price in the Redditch local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

42 PACKWOOD CLOSE Sold Prices

Land registry data shows two sales for 42 PACKWOOD 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. Both of the two 42 PACKWOOD 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
2015 10 JUN	£190,000	£269,733	30% below HPI
1997 27 JUN	£66,000	£93,424	29% below HPI

42 PACKWOOD 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 42 PACKWOOD CLOSE sales from June 1997 and June 2015 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 June 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 42 PACKWOOD CLOSE?

42 PACKWOOD CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 42 PACKWOOD CLOSE lies on this distribution: 12% of detached houses are smaller than 42 PACKWOOD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Redditch.

42 PACKWOOD CLOSE: Plot and Title Map

42 PACKWOOD CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 42 PACKWOOD 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 42 PACKWOOD 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 42 PACKWOOD CLOSE?

42 PACKWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 42 on PACKWOOD CLOSE.