11, FLEETWOOD CLOSE, REDDITCH, B97 4NX - £248,000

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.

11 FLEETWOOD CLOSE is a small terraced house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £315,490. It was last sold for £248,000 in September 2019, which was around 56% above the average September 2019 terraced price in the Redditch local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

11 FLEETWOOD CLOSE Sold Prices

Land registry data shows three sales for 11 FLEETWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the three 11 FLEETWOOD CLOSE sales were for above 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 20 SEP	£248,000	£159,303	56% above HPI
2014 11 FEB	£185,000	£117,606	57% above HPI
2006 27 NOV	£216,000	£118,569	82% above HPI

11 FLEETWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redditch local authority area over time, sourced from the HPI. The three 11 FLEETWOOD CLOSE sales between November 2006 and September 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 February 2014 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2019 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 11 FLEETWOOD CLOSE be worth now?

11 FLEETWOOD CLOSE might now be worth an estimated £315,490.

This is based on house price inflation of 27.2%, between September 2019 and May 2026, for terraced 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 27.2% inflationary increase is applied to the most recent sale price for 11 FLEETWOOD CLOSE of £248,000 on 20th September 2019. For the value to have increased from £248,000 to £315,490 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 11 FLEETWOOD CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2019 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FLEETWOOD CLOSE has not materially changed since September 2019.

How Large is 11 FLEETWOOD CLOSE?

11 FLEETWOOD CLOSE is 99m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of terraced houses houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redditch, and where 11 FLEETWOOD CLOSE lies on this distribution: 33% of terraced houses houses are smaller than 11 FLEETWOOD CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 FLEETWOOD CLOSE: Plot and Title Map

11 FLEETWOOD CLOSE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 11 FLEETWOOD 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 11 FLEETWOOD 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 11 FLEETWOOD CLOSE?

11 FLEETWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 11 on FLEETWOOD CLOSE.