5, SHAWS CLOSE, REDDITCH, B97 5SN - £185,000

5 SHAWS CLOSE is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £185,000 in December 2015, which was around 33% below the average December 2015 detached price in the Redditch local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

5 SHAWS CLOSE Sold Prices

Land registry data shows two sales for 5 SHAWS 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 5 SHAWS 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 11 DEC	£185,000	£277,457	33% below HPI
2001 1 JUN	£112,500	£135,646	17% below HPI

5 SHAWS 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 SHAWS CLOSE sales from June 2001 and December 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 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 SHAWS CLOSE?

5 SHAWS CLOSE is 58m² according to the EPC inspection conducted in August 2015. 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 SHAWS CLOSE lies on this distribution: 2% of detached houses are smaller than 5 SHAWS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 SHAWS CLOSE: Plot and Title Map

5 SHAWS CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 SHAWS 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 SHAWS 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 SHAWS CLOSE?

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