25, BELMONT CLOSE, REDDITCH, B97 5AW - £309,250

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.

25 BELMONT CLOSE is a midsized extended detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £460,177. It was last sold for £309,250 in July 2015, which was around 17% above the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

25 BELMONT CLOSE Sold Prices

Land registry data shows three sales for 25 BELMONT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 25 BELMONT 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
2015 30 JUL	£309,250	£264,857	17% above HPI
2011 8 APR	£250,000	£221,409	13% above HPI
2002 24 MAY	£177,500	£150,034	18% above HPI

25 BELMONT 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 three 25 BELMONT CLOSE sales between May 2002 and July 2015 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 April 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 25 BELMONT CLOSE be worth now?

25 BELMONT CLOSE might now be worth an estimated £460,177.

This is based on house price inflation of 48.8%, between July 2015 and May 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 48.8% inflationary increase is applied to the most recent sale price for 25 BELMONT CLOSE of £309,250 on 30th July 2015. For the value to have increased from £309,250 to £460,177 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 25 BELMONT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2015 sale price of £309,250 represented a fair market value for the property.
• The size, condition, and specification of 25 BELMONT CLOSE has not materially changed since July 2015.

How Large is 25 BELMONT CLOSE?

25 BELMONT CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 50% 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 25 BELMONT CLOSE lies on this distribution: 50% of detached houses houses are smaller than 25 BELMONT CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Redditch.

25 BELMONT CLOSE: Plot and Title Map

25 BELMONT CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 25 BELMONT 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 25 BELMONT 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 25 BELMONT CLOSE?

25 BELMONT CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 25 on BELMONT CLOSE.