17, ECKINGTON CLOSE, REDDITCH, B98 7SA - £125,000

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.

17 ECKINGTON CLOSE is a small terraced house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £171,563. It was last sold for £125,000 in April 2018, which was around 16% below the average April 2018 terraced price in the Redditch local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

17 ECKINGTON CLOSE Sold Prices

Land registry data shows four sales for 17 ECKINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the four 17 ECKINGTON CLOSE sales were 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
2018 20 APR	£125,000	£149,377	16% below HPI
2015 30 SEP	£120,500	£133,270	10% below HPI
2003 12 SEP	£70,000	£85,072	18% below HPI
1995 17 JUL	£33,600	£38,277	12% below HPI

17 ECKINGTON 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 four 17 ECKINGTON CLOSE sales between July 1995 and April 2018 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 September 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 17 ECKINGTON CLOSE be worth now?

17 ECKINGTON CLOSE might now be worth an estimated £171,563.

This is based on house price inflation of 37.3%, between April 2018 and April 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 37.3% inflationary increase is applied to the most recent sale price for 17 ECKINGTON CLOSE of £125,000 on 20th April 2018. For the value to have increased from £125,000 to £171,563 over the eight years to April 2026, the following assumptions must hold true:

• The value of 17 ECKINGTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The April 2018 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ECKINGTON CLOSE has not materially changed since April 2018.

How Large is 17 ECKINGTON CLOSE?

17 ECKINGTON CLOSE is 89m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 17 ECKINGTON CLOSE lies on this distribution: 22% of terraced houses houses are smaller than 17 ECKINGTON CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 ECKINGTON CLOSE: Plot and Title Map

17 ECKINGTON CLOSE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 17 ECKINGTON 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 17 ECKINGTON 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 17 ECKINGTON CLOSE?

17 ECKINGTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 17 on ECKINGTON CLOSE.