8, RUNCORN CLOSE, REDDITCH, B98 7PU - £220,000

8 RUNCORN CLOSE is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £220,000 in May 2016, which was around 24% below the average May 2016 detached price in the Redditch local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was C.

8 RUNCORN CLOSE Sold Prices

Land registry data shows two sales for 8 RUNCORN 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 8 RUNCORN 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
2016 24 MAY	£220,000	£289,057	24% below HPI
2012 12 JUN	£140,750	£232,903	40% below HPI

8 RUNCORN 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 8 RUNCORN CLOSE sales from June 2012 and May 2016 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 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 RUNCORN CLOSE?

8 RUNCORN CLOSE is 95m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 8 RUNCORN CLOSE lies on this distribution: 30% of detached houses are smaller than 8 RUNCORN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 RUNCORN CLOSE: Plot and Title Map

8 RUNCORN CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 8 RUNCORN 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 8 RUNCORN 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 8 RUNCORN CLOSE?

8 RUNCORN CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 8 on RUNCORN CLOSE.