38, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £116,000

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 PEMBRIDGE CLOSE is a very small extended terraced house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £217,000. It was last sold for £116,000 in February 2010, which was around 6% above the average February 2010 terraced price in the Redditch local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

38 PEMBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 38 PEMBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Both of the two 38 PEMBRIDGE 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
2010 12 FEB	£116,000	£109,951	6% above HPI
2008 1 FEB	£137,950	£124,653	11% above HPI

38 PEMBRIDGE 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 two 38 PEMBRIDGE CLOSE sales from February 2008 and February 2010 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 February 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2010 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 38 PEMBRIDGE CLOSE be worth now?

38 PEMBRIDGE CLOSE might now be worth an estimated £217,000.

This is based on house price inflation of 87.1%, between February 2010 and July 2025, 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 87.1% inflationary increase is applied to the most recent sale price for 38 PEMBRIDGE CLOSE of £116,000 on 12th February 2010. For the value to have increased from £116,000 to £217,000 over the fourteen years and seven months to July 2025, the following assumptions must hold true:

• The value of 38 PEMBRIDGE CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The February 2010 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PEMBRIDGE CLOSE has not materially changed since February 2010.

How Large is 38 PEMBRIDGE CLOSE?

38 PEMBRIDGE CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% 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 PEMBRIDGE CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 38 PEMBRIDGE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 PEMBRIDGE CLOSE: Plot and Title Map

38 PEMBRIDGE CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 38 PEMBRIDGE 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 PEMBRIDGE 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 PEMBRIDGE CLOSE?

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