7, HOVETON CLOSE, REDDITCH, B98 7HQ - £195,000

7 HOVETON CLOSE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £195,000 in October 2012, which was around 17% below the average October 2012 detached price in the Redditch local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

7 HOVETON CLOSE Sold Prices

Land registry data shows five sales for 7 HOVETON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 7 HOVETON 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
2012 5 OCT	£195,000	£235,227	17% below HPI
2006 28 JUL	£194,500	£238,116	18% below HPI
2004 19 MAY	£184,950	£214,916	14% below HPI
2003 19 FEB	£130,000	£184,137	29% below HPI
2001 20 JUL	£124,995	£138,717	10% below HPI

7 HOVETON 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 five 7 HOVETON CLOSE sales between July 2001 and October 2012 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 July 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 HOVETON CLOSE?

7 HOVETON CLOSE is 98m² according to the EPC inspection conducted in May 2012. 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 HOVETON CLOSE lies on this distribution: 32% of detached houses are smaller than 7 HOVETON CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 HOVETON CLOSE: Plot and Title Map

7 HOVETON CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 HOVETON 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 HOVETON 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 HOVETON CLOSE?

7 HOVETON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 7 on HOVETON CLOSE.