5, LONGHOPE CLOSE, REDDITCH, B98 0QX - £385,000

5 LONGHOPE CLOSE is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £385,000 in February 2021, which was around 9% above the average February 2021 detached price in the Redditch local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

5 LONGHOPE CLOSE Sold Prices

Land registry data shows two sales for 5 LONGHOPE 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 5 LONGHOPE 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
2021 26 FEB	£385,000	£353,958	9% above HPI
2012 24 FEB	£170,000	£224,323	24% below HPI

5 LONGHOPE 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 5 LONGHOPE CLOSE sales from February 2012 and February 2021 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 February 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 5 LONGHOPE CLOSE?

5 LONGHOPE CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 5 LONGHOPE CLOSE lies on this distribution: 65% of detached houses are smaller than 5 LONGHOPE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 LONGHOPE CLOSE: Plot and Title Map

5 LONGHOPE CLOSE sits on a plot of roughly 0.156 of an acre, or 629m². The below map shows the location of 5 LONGHOPE 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 5 LONGHOPE 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 5 LONGHOPE CLOSE?

5 LONGHOPE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 5 on LONGHOPE CLOSE.