43, RANGEWORTHY CLOSE, REDDITCH, B97 5HY - £63,250

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.

43 RANGEWORTHY CLOSE is a very small flat of 24m², built sometime between 1976 and 1982, which could now be worth an estimated £73,272. It was last sold for £63,250 in January 2018, which was around 37% below the average January 2018 flat price in the Redditch local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

43 RANGEWORTHY CLOSE Sold Prices

Land registry data shows four sales for 43 RANGEWORTHY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the four 43 RANGEWORTHY 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
2018 10 JAN	£63,250	£99,769	37% below HPI
2004 30 JAN	£57,000	£67,352	15% below HPI
1998 27 MAR	£21,050	£29,850	29% below HPI
1996 3 MAY	£27,950	£29,172	4% below HPI

What might 43 RANGEWORTHY CLOSE be worth now?

43 RANGEWORTHY CLOSE might now be worth an estimated £73,272.

This is based on house price inflation of 15.8%, between January 2018 and April 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.8% inflationary increase is applied to the most recent sale price for 43 RANGEWORTHY CLOSE of £63,250 on 10th January 2018. For the value to have increased from £63,250 to £73,272 over the seven years and nine months to April 2026, the following assumptions must hold true:

• The value of 43 RANGEWORTHY CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The January 2018 sale price of £63,250 represented a fair market value for the property.
• The size, condition, and specification of 43 RANGEWORTHY CLOSE has not materially changed since January 2018.

How Large is 43 RANGEWORTHY CLOSE?

43 RANGEWORTHY CLOSE is 24m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of flats in Redditch, based on EPC data. Less than 1% of flats are smaller than 43 RANGEWORTHY CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Redditch.

43 RANGEWORTHY CLOSE: Plot

43 RANGEWORTHY CLOSE sits on a plot of roughly 0.200 of an acre, or 811m².

Where is 43 RANGEWORTHY CLOSE?

43 RANGEWORTHY CLOSE is located in REDDITCH, in the B97 postcode district.