38, ECKINGTON CLOSE, REDDITCH, B98 7SA - £165,000

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.

38 ECKINGTON CLOSE is a small terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £169,500. It was last sold for £165,000 in October 2022, which was around 17% below the average October 2022 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

38 ECKINGTON CLOSE Sold Prices

Land registry data shows three sales for 38 ECKINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the three 38 ECKINGTON 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
2022 21 OCT	£165,000	£199,577	17% below HPI
2009 29 MAY	£45,000	£102,801	56% below HPI
1996 30 SEP	£32,000	£38,619	17% below HPI

38 ECKINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redditch local authority area over time, sourced from the HPI. The three 38 ECKINGTON CLOSE sales between September 1996 and October 2022 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 2009 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 38 ECKINGTON CLOSE be worth now?

38 ECKINGTON CLOSE might now be worth an estimated £169,500.

This is based on house price inflation of 2.7%, between October 2022 and April 2026, for terraced 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 2.7% inflationary increase is applied to the most recent sale price for 38 ECKINGTON CLOSE of £165,000 on 21st October 2022. For the value to have increased from £165,000 to £169,500 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 38 ECKINGTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The October 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ECKINGTON CLOSE has not materially changed since October 2022.

How Large is 38 ECKINGTON CLOSE?

38 ECKINGTON CLOSE is 90m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of terraced houses houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redditch, and where 38 ECKINGTON CLOSE lies on this distribution: 23% of terraced houses houses are smaller than 38 ECKINGTON CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 ECKINGTON CLOSE: Plot and Title Map

38 ECKINGTON CLOSE sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 38 ECKINGTON 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 38 ECKINGTON 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 38 ECKINGTON CLOSE?

38 ECKINGTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 38 on ECKINGTON CLOSE.