22, BINTON CLOSE, REDDITCH, B98 0BE - £175,000

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.

22 BINTON CLOSE is a very small terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £184,113. It was last sold for £175,000 in May 2023, which was around 10% below the average May 2023 terraced price in the Redditch local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

22 BINTON CLOSE Sold Prices

Land registry data shows five sales for 22 BINTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the five 22 BINTON 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
2023 19 MAY	£175,000	£194,872	10% below HPI
2019 30 MAY	£145,000	£155,263	7% below HPI
2014 10 JAN	£97,500	£116,415	16% below HPI
2005 11 NOV	£102,000	£112,118	9% below HPI
2004 27 AUG	£79,950	£100,420	20% below HPI

22 BINTON 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 five 22 BINTON CLOSE sales between August 2004 and May 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 May 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 22 BINTON CLOSE be worth now?

22 BINTON CLOSE might now be worth an estimated £184,113.

This is based on house price inflation of 5.2%, between May 2023 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 5.2% inflationary increase is applied to the most recent sale price for 22 BINTON CLOSE of £175,000 on 19th May 2023. For the value to have increased from £175,000 to £184,113 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 22 BINTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The May 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BINTON CLOSE has not materially changed since May 2023.

How Large is 22 BINTON CLOSE?

22 BINTON CLOSE is 78m² according to the EPC inspection conducted in September 2013. 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 22 BINTON CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 22 BINTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 BINTON CLOSE: Plot and Title Map

22 BINTON CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 22 BINTON 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 22 BINTON 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 22 BINTON CLOSE?

22 BINTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 22 on BINTON CLOSE.