2, RAGLIS CLOSE, REDDITCH, B97 5RN - £246,000

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.

2 RAGLIS CLOSE is a very small detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £303,502. It was last sold for £246,000 in October 2019, which was around 25% below the average October 2019 detached price in the Redditch local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

2 RAGLIS CLOSE Sold Prices

Land registry data shows one sale for 2 RAGLIS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 2 OCT	£246,000	£326,860	25% below HPI

What might 2 RAGLIS CLOSE be worth now?

2 RAGLIS CLOSE might now be worth an estimated £303,502.

This is based on house price inflation of 23.4%, between October 2019 and April 2026, for 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 23.4% inflationary increase is applied to the most recent sale price for 2 RAGLIS CLOSE of £246,000 on 2nd October 2019. For the value to have increased from £246,000 to £303,502 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 2 RAGLIS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2019 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAGLIS CLOSE has not materially changed since October 2019.

How Large is 2 RAGLIS CLOSE?

2 RAGLIS CLOSE is 85m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 2 RAGLIS CLOSE lies on this distribution: 17% of detached houses are smaller than 2 RAGLIS CLOSE, and 82% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

2 RAGLIS CLOSE: Plot

2 RAGLIS CLOSE sits on a plot of roughly 0.065 of an acre, or 265m².

Where is 2 RAGLIS CLOSE?

2 RAGLIS CLOSE is located in REDDITCH, in the B97 postcode district.