47, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £167,500

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.

47 PEMBRIDGE CLOSE is a very small terraced house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £195,883. It was last sold for £167,500 in May 2021, which was around 5% below the average May 2021 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

47 PEMBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 47 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. One of the two 47 PEMBRIDGE CLOSE sales was for below the average price, whilst the other was 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 24 MAY	£167,500	£175,881	5% below HPI
2016 8 APR	£145,500	£134,752	8% above HPI

47 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 47 PEMBRIDGE CLOSE sales from April 2016 and May 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 April 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 47 PEMBRIDGE CLOSE be worth now?

47 PEMBRIDGE CLOSE might now be worth an estimated £195,883.

This is based on house price inflation of 16.9%, between May 2021 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 16.9% inflationary increase is applied to the most recent sale price for 47 PEMBRIDGE CLOSE of £167,500 on 24th May 2021. For the value to have increased from £167,500 to £195,883 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 47 PEMBRIDGE CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The May 2021 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 47 PEMBRIDGE CLOSE has not materially changed since May 2021.

How Large is 47 PEMBRIDGE CLOSE?

47 PEMBRIDGE CLOSE is 70m² according to the EPC inspection conducted in July 2015. 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 47 PEMBRIDGE CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 47 PEMBRIDGE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

47 PEMBRIDGE CLOSE: Plot and Title Map

47 PEMBRIDGE CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 47 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 47 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 47 PEMBRIDGE CLOSE?

47 PEMBRIDGE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 47 on PEMBRIDGE CLOSE.