5, SHAKELS CLOSE, REDDITCH, B97 5UJ - £187,000

5 SHAKELS CLOSE is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £187,000 in September 2010, which was around 21% below the average September 2010 detached price in the Redditch local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 SHAKELS CLOSE Sold Prices

Land registry data shows three sales for 5 SHAKELS 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. Two of the three 5 SHAKELS CLOSE sales were for below the average price, whilst one was for above 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
2010 22 SEP	£187,000	£235,691	21% below HPI
2004 4 AUG	£200,000	£220,342	9% below HPI
2002 17 APR	£165,000	£154,091	7% above HPI

5 SHAKELS 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 5 SHAKELS CLOSE sales between April 2002 and September 2010 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 August 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 SHAKELS CLOSE?

5 SHAKELS CLOSE is 74m² according to the EPC inspection conducted in March 2010. 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 5 SHAKELS CLOSE lies on this distribution: 9% of detached houses are smaller than 5 SHAKELS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 SHAKELS CLOSE: Plot and Title Map

5 SHAKELS CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 5 SHAKELS 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 SHAKELS 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 SHAKELS CLOSE?

5 SHAKELS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on SHAKELS CLOSE.