7, PACKWOOD CLOSE, REDDITCH, B97 5SJ - £216,500

7 PACKWOOD CLOSE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £216,500 in June 2019, which was around 35% below the average June 2019 detached price in the Redditch local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

7 PACKWOOD CLOSE Sold Prices

Land registry data shows five sales for 7 PACKWOOD 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 PACKWOOD 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
2019 28 JUN	£216,500	£330,539	35% below HPI
2014 30 JUN	£173,000	£253,830	32% below HPI
2010 16 APR	£159,000	£233,332	32% below HPI
2003 12 DEC	£125,000	£201,552	38% below HPI
1997 31 JUL	£59,000	£94,376	37% below HPI

7 PACKWOOD 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 PACKWOOD CLOSE sales between July 1997 and June 2019 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 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 PACKWOOD CLOSE?

7 PACKWOOD CLOSE is 54m² according to the EPC inspection conducted in February 2014. 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 7 PACKWOOD CLOSE lies on this distribution: 1% of detached houses are smaller than 7 PACKWOOD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 PACKWOOD CLOSE: Plot and Title Map

7 PACKWOOD CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 7 PACKWOOD 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 PACKWOOD 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 PACKWOOD CLOSE?

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