15, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £198,000

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.

15 PEMBRIDGE CLOSE is a very small extended terraced house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £204,059. It was last sold for £198,000 in October 2022, which was around 1% below the average October 2022 terraced price in the Redditch local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

15 PEMBRIDGE CLOSE Sold Prices

Land registry data shows six sales for 15 PEMBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Most of the six 15 PEMBRIDGE 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
2022 7 OCT	£198,000	£199,577	1% below HPI
2020 17 JAN	£170,000	£156,766	8% above HPI
2008 23 MAR	£128,000	£121,717	5% above HPI
2005 7 JUL	£113,500	£111,837	1% above HPI
2003 17 DEC	£97,000	£87,388	11% above HPI
2002 28 OCT	£59,500	£73,877	19% below HPI

15 PEMBRIDGE 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 six 15 PEMBRIDGE CLOSE sales between October 2002 and October 2022 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 2020 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 PEMBRIDGE CLOSE be worth now?

15 PEMBRIDGE CLOSE might now be worth an estimated £204,059.

This is based on house price inflation of 3.1%, between October 2022 and July 2025, 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 3.1% inflationary increase is applied to the most recent sale price for 15 PEMBRIDGE CLOSE of £198,000 on 7th October 2022. For the value to have increased from £198,000 to £204,059 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 15 PEMBRIDGE CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The October 2022 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PEMBRIDGE CLOSE has not materially changed since October 2022.

How Large is 15 PEMBRIDGE CLOSE?

15 PEMBRIDGE CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 15 PEMBRIDGE CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 15 PEMBRIDGE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 PEMBRIDGE CLOSE: Plot and Title Map

15 PEMBRIDGE CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 15 PEMBRIDGE 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 15 PEMBRIDGE 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 15 PEMBRIDGE CLOSE?

15 PEMBRIDGE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 15 on PEMBRIDGE CLOSE.