17, ELRINGTON CLOSE, REDDITCH, B97 6HQ - £242,000

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 ELRINGTON CLOSE is a very small terraced house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £251,774. It was last sold for £242,000 in June 2023, which was around 24% above the average June 2023 terraced price in the Redditch local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

17 ELRINGTON CLOSE Sold Prices

Land registry data shows two sales for 17 ELRINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Both of the two 17 ELRINGTON 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
2023 27 JUN	£242,000	£194,788	24% above HPI
2014 12 DEC	£182,995	£122,558	49% above HPI

17 ELRINGTON 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 two 17 ELRINGTON CLOSE sales from December 2014 and June 2023 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 December 2014 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 17 ELRINGTON CLOSE be worth now?

17 ELRINGTON CLOSE might now be worth an estimated £251,774.

This is based on house price inflation of 4%, between June 2023 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 4% inflationary increase is applied to the most recent sale price for 17 ELRINGTON CLOSE of £242,000 on 27th June 2023. For the value to have increased from £242,000 to £251,774 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 17 ELRINGTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The June 2023 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ELRINGTON CLOSE has not materially changed since June 2023.

How Large is 17 ELRINGTON CLOSE?

17 ELRINGTON CLOSE is 73m² according to the EPC inspection conducted in March 2023. 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 17 ELRINGTON CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 17 ELRINGTON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 ELRINGTON CLOSE: Plot and Title Map

17 ELRINGTON CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 17 ELRINGTON 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 ELRINGTON 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 ELRINGTON CLOSE?

17 ELRINGTON CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 17 on ELRINGTON CLOSE.