3, GRETTON CLOSE, REDDITCH, B97 6LF - £281,000

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 GRETTON CLOSE is a very small semi-detached house of 82m², built sometime from 2012 onwards, which could now be worth an estimated £273,175. It was last sold for £281,000 in June 2024, which was around 12% above the average June 2024 semi-detached price in the Redditch local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

3 GRETTON CLOSE Sold Prices

Land registry data shows two sales for 3 GRETTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 3 GRETTON 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
2024 3 JUN	£281,000	£251,195	12% above HPI
2013 24 MAY	£185,995	£140,613	32% above HPI

3 GRETTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The two 3 GRETTON CLOSE sales from May 2013 and June 2024 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 2013 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 GRETTON CLOSE be worth now?

3 GRETTON CLOSE might now be worth an estimated £273,175.

This is based on house price deflation of 2.8%, between June 2024 and February 2025, for semi-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 2.8% deflationary decrease is applied to the most recent sale price for 3 GRETTON CLOSE of £281,000 on 3rd June 2024. For the value to have decreased from £281,000 to £273,175 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 3 GRETTON CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The June 2024 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GRETTON CLOSE has not materially changed since June 2024.

How Large is 3 GRETTON CLOSE?

3 GRETTON CLOSE is 82m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 3 GRETTON CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 3 GRETTON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 GRETTON CLOSE: Plot and Title Map

3 GRETTON CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 3 GRETTON 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 GRETTON 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 GRETTON CLOSE?

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