17, CRADLEY CLOSE, REDDITCH, B98 0AU - £222,500

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.

17 CRADLEY CLOSE is a midsized extended semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £281,481. It was last sold for £222,500 in September 2019, which was around 11% above the average September 2019 semi-detached price in the Redditch local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

17 CRADLEY CLOSE Sold Prices

Land registry data shows four sales for 17 CRADLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the four 17 CRADLEY 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 9 SEP	£222,500	£200,215	11% above HPI
2002 20 FEB	£92,500	£82,259	12% above HPI
2002 20 FEB	£92,500	£82,259	12% above HPI
1999 30 APR	£63,000	£59,198	6% above HPI

What might 17 CRADLEY CLOSE be worth now?

17 CRADLEY CLOSE might now be worth an estimated £281,481.

This is based on house price inflation of 26.5%, between September 2019 and May 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 26.5% inflationary increase is applied to the most recent sale price for 17 CRADLEY CLOSE of £222,500 on 9th September 2019. For the value to have increased from £222,500 to £281,481 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 17 CRADLEY CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2019 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 17 CRADLEY CLOSE has not materially changed since September 2019.

How Large is 17 CRADLEY CLOSE?

17 CRADLEY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 17 CRADLEY CLOSE lies on this distribution: 48% of semi-detached houses are smaller than 17 CRADLEY CLOSE, and 49% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

17 CRADLEY CLOSE: Plot

17 CRADLEY CLOSE sits on a plot of roughly 0.072 of an acre, or 292m².

Where is 17 CRADLEY CLOSE?

17 CRADLEY CLOSE is located in REDDITCH, in the B98 postcode district.