12, FLEETWOOD CLOSE, REDDITCH, B97 4NX - £241,000

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.

12 FLEETWOOD CLOSE is a midsized terraced house of 108m², built sometime from 2007 onwards, which could now be worth an estimated £333,724. It was last sold for £241,000 in June 2017, which was around 65% above the average June 2017 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

12 FLEETWOOD CLOSE Sold Prices

Land registry data shows three sales for 12 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 12 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
2017 26 JUN	£241,000	£146,348	65% above HPI
2014 7 NOV	£206,000	£122,407	68% above HPI
2006 21 DEC	£229,995	£118,038	95% above HPI

12 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 12 FLEETWOOD CLOSE sales between December 2006 and June 2017 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 2014 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2017 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 12 FLEETWOOD CLOSE be worth now?

12 FLEETWOOD CLOSE might now be worth an estimated £333,724.

This is based on house price inflation of 38.5%, between June 2017 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 38.5% inflationary increase is applied to the most recent sale price for 12 FLEETWOOD CLOSE of £241,000 on 26th June 2017. For the value to have increased from £241,000 to £333,724 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 12 FLEETWOOD CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The June 2017 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FLEETWOOD CLOSE has not materially changed since June 2017.

How Large is 12 FLEETWOOD CLOSE?

12 FLEETWOOD CLOSE is 108m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 12 FLEETWOOD CLOSE lies on this distribution: 44% of terraced houses houses are smaller than 12 FLEETWOOD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 FLEETWOOD CLOSE: Plot and Title Map

12 FLEETWOOD CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 12 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 12 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 12 FLEETWOOD CLOSE?

12 FLEETWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 12 on FLEETWOOD CLOSE.