7, SHELTWOOD CLOSE, REDDITCH, B97 5RL - £330,000

7 SHELTWOOD CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £330,000 in February 2024, which was around 20% below the average February 2024 detached price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

7 SHELTWOOD CLOSE Sold Prices

Land registry data shows four sales for 7 SHELTWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 7 SHELTWOOD 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
2024 5 FEB	£330,000	£410,278	20% below HPI
2015 29 JAN	£208,000	£257,328	19% below HPI
2009 9 DEC	£185,000	£222,421	17% below HPI
2008 24 OCT	£100,000	£236,673	58% below HPI

7 SHELTWOOD 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 four 7 SHELTWOOD CLOSE sales between October 2008 and February 2024 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 January 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 SHELTWOOD CLOSE?

7 SHELTWOOD CLOSE is 72m² according to the EPC inspection conducted in March 2015. 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 SHELTWOOD CLOSE lies on this distribution: 7% of detached houses are smaller than 7 SHELTWOOD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 SHELTWOOD CLOSE: Plot and Title Map

7 SHELTWOOD CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 7 SHELTWOOD 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 SHELTWOOD 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 SHELTWOOD CLOSE?

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