46, PETTON CLOSE, REDDITCH, B98 0PA - £215,000

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.

46 PETTON CLOSE is a very small extended terraced house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £239,066. It was last sold for £215,000 in December 2021, which was around 18% above the average December 2021 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.

46 PETTON CLOSE Sold Prices

Land registry data shows four sales for 46 PETTON 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. All of the four 46 PETTON 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
2021 3 DEC	£215,000	£182,254	18% above HPI
2015 3 JUL	£163,000	£131,211	24% above HPI
2004 26 JUL	£135,000	£98,370	37% above HPI
2004 1 JUN	£135,000	£96,773	40% above HPI

46 PETTON 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 46 PETTON CLOSE sales between June 2004 and December 2021 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 July 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 46 PETTON CLOSE be worth now?

46 PETTON CLOSE might now be worth an estimated £239,066.

This is based on house price inflation of 11.2%, between December 2021 and May 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 11.2% inflationary increase is applied to the most recent sale price for 46 PETTON CLOSE of £215,000 on 3rd December 2021. For the value to have increased from £215,000 to £239,066 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 46 PETTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The December 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 46 PETTON CLOSE has not materially changed since December 2021.

How Large is 46 PETTON CLOSE?

46 PETTON CLOSE is 82m², which includes one extension, 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 46 PETTON CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 46 PETTON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

46 PETTON CLOSE: Plot and Title Map

46 PETTON CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 46 PETTON 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 46 PETTON 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 46 PETTON CLOSE?

46 PETTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 46 on PETTON CLOSE.