7, EARLS CLOSE, REDDITCH, B97 5QQ - £240,000

7 EARLS CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £240,000 in August 2014, which was around 6% below the average August 2014 detached price in the Redditch local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

7 EARLS CLOSE Sold Prices

Land registry data shows three sales for 7 EARLS 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 7 EARLS CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2014 29 AUG	£240,000	£256,125	6% below HPI
2003 5 AUG	£199,950	£200,647	Close to HPI
2000 18 FEB	£129,950	£114,489	14% above HPI

7 EARLS 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 7 EARLS CLOSE sales between February 2000 and August 2014 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 EARLS CLOSE?

7 EARLS CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 7 EARLS CLOSE lies on this distribution: 34% of detached houses are smaller than 7 EARLS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 EARLS CLOSE: Plot and Title Map

7 EARLS CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 EARLS 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 7 EARLS 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 7 EARLS CLOSE?

7 EARLS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on EARLS CLOSE.