4, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £125,000

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.

4 PEMBRIDGE CLOSE is a very small terraced house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £209,463. It was last sold for £125,000 in August 2014, which was around 2% above the average August 2014 terraced 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 B.

4 PEMBRIDGE CLOSE Sold Prices

Land registry data shows four sales for 4 PEMBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Two of the four 4 PEMBRIDGE CLOSE sales were for above the average price, whilst one was 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 1 AUG	£125,000	£122,745	2% above HPI
2008 19 SEP	£114,500	£114,364	Close to HPI
2002 27 MAR	£59,950	£62,194	4% below HPI
1999 8 DEC	£49,500	£48,569	2% above HPI

4 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 four 4 PEMBRIDGE CLOSE sales between December 1999 and August 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 September 2008 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 4 PEMBRIDGE CLOSE be worth now?

4 PEMBRIDGE CLOSE might now be worth an estimated £209,463.

This is based on house price inflation of 67.6%, between August 2014 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 67.6% inflationary increase is applied to the most recent sale price for 4 PEMBRIDGE CLOSE of £125,000 on 1st August 2014. For the value to have increased from £125,000 to £209,463 over the eleven years and one month to July 2025, the following assumptions must hold true:

• The value of 4 PEMBRIDGE CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The August 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PEMBRIDGE CLOSE has not materially changed since August 2014.

How Large is 4 PEMBRIDGE CLOSE?

4 PEMBRIDGE CLOSE is 81m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 4 PEMBRIDGE CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 4 PEMBRIDGE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 PEMBRIDGE CLOSE: Plot and Title Map

4 PEMBRIDGE CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 4 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 4 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 4 PEMBRIDGE CLOSE?

4 PEMBRIDGE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 4 on PEMBRIDGE CLOSE.