10, FLAXLEY CLOSE, REDDITCH, B98 0QS - £162,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 FLAXLEY CLOSE is a small extended semi-detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £303,729. It was last sold for £162,000 in July 2010, which was around 18% above the average July 2010 semi-detached price in the Redditch local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

10 FLAXLEY CLOSE Sold Prices

Land registry data shows two sales for 10 FLAXLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. One of the two 10 FLAXLEY CLOSE sales was for above the average price, whilst the other was 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
2010 22 JUL	£162,000	£136,842	18% above HPI
1996 21 NOV	£48,000	£50,777	5% below HPI

10 FLAXLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The two 10 FLAXLEY CLOSE sales from November 1996 and July 2010 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 November 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2010 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 10 FLAXLEY CLOSE be worth now?

10 FLAXLEY CLOSE might now be worth an estimated £303,729.

This is based on house price inflation of 87.5%, between July 2010 and April 2026, for semi-detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.5% inflationary increase is applied to the most recent sale price for 10 FLAXLEY CLOSE of £162,000 on 22nd July 2010. For the value to have increased from £162,000 to £303,729 over the sixteen years and three months to April 2026, the following assumptions must hold true:

• The value of 10 FLAXLEY CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The July 2010 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 10 FLAXLEY CLOSE has not materially changed since July 2010.

How Large is 10 FLAXLEY CLOSE?

10 FLAXLEY CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 10 FLAXLEY CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 10 FLAXLEY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redditch.

10 FLAXLEY CLOSE: Plot and Title Map

10 FLAXLEY CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 10 FLAXLEY 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 10 FLAXLEY 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 10 FLAXLEY CLOSE?

10 FLAXLEY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 10 on FLAXLEY CLOSE.