3, CLARENDON CLOSE, REDDITCH, B97 6ST - £185,000

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.

3 CLARENDON CLOSE is a very small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £294,657. It was last sold for £185,000 in September 2014, which was around 25% below the average September 2014 detached price in the Redditch local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

3 CLARENDON CLOSE Sold Prices

Land registry data shows four sales for 3 CLARENDON 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 3 CLARENDON 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 29 SEP	£185,000	£247,039	25% below HPI
2006 10 NOV	£172,000	£237,742	28% below HPI
1999 3 JUN	£95,000	£103,660	8% below HPI
1998 4 SEP	£90,000	£99,918	10% below HPI

3 CLARENDON 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 3 CLARENDON CLOSE sales between September 1998 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 CLARENDON CLOSE be worth now?

3 CLARENDON CLOSE might now be worth an estimated £294,657.

This is based on house price inflation of 59.3%, between September 2014 and October 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 59.3% inflationary increase is applied to the most recent sale price for 3 CLARENDON CLOSE of £185,000 on 29th September 2014. For the value to have increased from £185,000 to £294,657 over the ten years and eleven months to October 2025, the following assumptions must hold true:

• The value of 3 CLARENDON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CLARENDON CLOSE has not materially changed since September 2014.

How Large is 3 CLARENDON CLOSE?

3 CLARENDON CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 3 CLARENDON CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 CLARENDON CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 CLARENDON CLOSE: Plot and Title Map

3 CLARENDON CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 3 CLARENDON 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 3 CLARENDON 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 3 CLARENDON CLOSE?

3 CLARENDON CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on CLARENDON CLOSE.