23, HEDGEROW CLOSE, REDDITCH, B98 7QE - £134,000

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.

23 HEDGEROW CLOSE is a midsized flat of 52m², built sometime between 2007 and 2011, which could now be worth an estimated £130,255. It was last sold for £134,000 in May 2023, which was around 13% above the average May 2023 flat price in the Redditch local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

23 HEDGEROW CLOSE Sold Prices

Land registry data shows three sales for 23 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the three 23 HEDGEROW 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 26 MAY	£134,000	£118,900	13% above HPI
2021 9 JUN	£115,000	£111,507	3% above HPI
2009 24 JUN	£124,000	£75,200	65% above HPI

What might 23 HEDGEROW CLOSE be worth now?

23 HEDGEROW CLOSE might now be worth an estimated £130,255.

This is based on house price deflation of 2.8%, between May 2023 and April 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 23 HEDGEROW CLOSE of £134,000 on 26th May 2023. For the value to have decreased from £134,000 to £130,255 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 23 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The May 2023 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HEDGEROW CLOSE has not materially changed since May 2023.

How Large is 23 HEDGEROW CLOSE?

23 HEDGEROW CLOSE is 52m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of flats in Redditch, based on EPC data. 44% of flats are smaller than 23 HEDGEROW CLOSE, and 54% of flats are larger. Note that EPC data is not available for all properties in Redditch.

23 HEDGEROW CLOSE: Plot

23 HEDGEROW CLOSE sits on a plot of roughly 2.0 acres, or 7,985m².

Where is 23 HEDGEROW CLOSE?

23 HEDGEROW CLOSE is located in REDDITCH, in the B98 postcode district.