24, BODENHAM CLOSE, REDDITCH, B98 0JU - £173,500

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.

24 BODENHAM CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £269,208. It was last sold for £173,500 in September 2014, which was around 30% below the average September 2014 detached price in the Redditch local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

24 BODENHAM CLOSE Sold Prices

Land registry data shows four sales for 24 BODENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 24 BODENHAM 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
2014 2 SEP	£173,500	£247,039	30% below HPI
2009 27 NOV	£148,000	£209,875	29% below HPI
2007 4 MAY	£163,000	£238,203	32% below HPI
1997 26 SEP	£63,500	£93,705	32% below HPI

24 BODENHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The four 24 BODENHAM CLOSE sales between September 1997 and September 2014 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 November 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 24 BODENHAM CLOSE be worth now?

24 BODENHAM CLOSE might now be worth an estimated £269,208.

This is based on house price inflation of 55.2%, between September 2014 and March 2025, 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 55.2% inflationary increase is applied to the most recent sale price for 24 BODENHAM CLOSE of £173,500 on 2nd September 2014. For the value to have increased from £173,500 to £269,208 over the eleven years and six months to March 2025, the following assumptions must hold true:

• The value of 24 BODENHAM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2014 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 24 BODENHAM CLOSE has not materially changed since September 2014.

How Large is 24 BODENHAM CLOSE?

24 BODENHAM CLOSE is 84m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 24 BODENHAM CLOSE lies on this distribution: 16% of detached houses houses are smaller than 24 BODENHAM CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Redditch.

24 BODENHAM CLOSE: Plot and Title Map

24 BODENHAM CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 24 BODENHAM 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 24 BODENHAM 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 24 BODENHAM CLOSE?

24 BODENHAM CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 24 on BODENHAM CLOSE.