2, YARNINGALE CLOSE, REDDITCH, B98 7XQ - £177,000

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 YARNINGALE CLOSE is a very small terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £233,113. It was last sold for £177,000 in June 2019, which was around 14% above the average June 2019 terraced price in the Redditch local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

2 YARNINGALE CLOSE Sold Prices

Land registry data shows four sales for 2 YARNINGALE 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 2 YARNINGALE 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 28 JUN	£177,000	£155,669	14% above HPI
2014 12 JUN	£134,000	£122,157	10% above HPI
2005 18 NOV	£118,950	£112,118	6% above HPI
1995 9 JUN	£42,000	£38,275	10% above HPI

2 YARNINGALE 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 2 YARNINGALE CLOSE sales between June 1995 and June 2019 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 June 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 YARNINGALE CLOSE be worth now?

2 YARNINGALE CLOSE might now be worth an estimated £233,113.

This is based on house price inflation of 31.7%, between June 2019 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 31.7% inflationary increase is applied to the most recent sale price for 2 YARNINGALE CLOSE of £177,000 on 28th June 2019. For the value to have increased from £177,000 to £233,113 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 2 YARNINGALE CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The June 2019 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 2 YARNINGALE CLOSE has not materially changed since June 2019.

How Large is 2 YARNINGALE CLOSE?

2 YARNINGALE CLOSE is 86m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 2 YARNINGALE CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 2 YARNINGALE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 YARNINGALE CLOSE: Plot and Title Map

2 YARNINGALE CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 2 YARNINGALE 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 2 YARNINGALE 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 2 YARNINGALE CLOSE?

2 YARNINGALE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 2 on YARNINGALE CLOSE.