6, PRESTON CLOSE, REDDITCH, B98 8RU - £235,000

6 PRESTON CLOSE is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £235,000 in April 2015, which was around 12% below the average April 2015 detached price in the Redditch local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

6 PRESTON CLOSE Sold Prices

Land registry data shows two sales for 6 PRESTON 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 6 PRESTON 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 20 APR	£235,000	£268,195	12% below HPI
1998 7 AUG	£95,000	£104,112	9% below HPI

6 PRESTON 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 6 PRESTON CLOSE sales from August 1998 and April 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 August 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 PRESTON CLOSE?

6 PRESTON CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 6 PRESTON CLOSE lies on this distribution: 93% of detached houses are smaller than 6 PRESTON CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Redditch.

6 PRESTON CLOSE: Plot and Title Map

6 PRESTON CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 6 PRESTON 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 6 PRESTON 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 6 PRESTON CLOSE?

6 PRESTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 6 on PRESTON CLOSE.