57, CRANHAM CLOSE, REDDITCH, B97 5AZ - £385,000

57 CRANHAM CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £385,000 in December 2021, which was about the average December 2021 detached price in the Redditch local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

57 CRANHAM CLOSE Sold Prices

Land registry data shows three sales for 57 CRANHAM 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. The three 57 CRANHAM CLOSE sales were a mix of roughly equal to the average price, and 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 3 DEC	£385,000	£384,265	Close to HPI
2019 17 MAY	£301,000	£330,405	9% below HPI
2017 31 MAR	£230,000	£307,507	25% below HPI

57 CRANHAM 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 57 CRANHAM CLOSE sales between March 2017 and December 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 May 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 57 CRANHAM CLOSE?

57 CRANHAM CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 57 CRANHAM CLOSE lies on this distribution: 18% of detached houses are smaller than 57 CRANHAM CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

57 CRANHAM CLOSE: Plot and Title Map

57 CRANHAM CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 57 CRANHAM 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 57 CRANHAM 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 57 CRANHAM CLOSE?

57 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 57 on CRANHAM CLOSE.