48, PERRYFIELDS CLOSE, REDDITCH, B98 7YP - £59,500

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.

48 PERRYFIELDS CLOSE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £250,497. It was last sold for £59,500 in April 2000, which was around 22% above the average April 2000 terraced price in the Redditch local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

48 PERRYFIELDS CLOSE Sold Prices

Land registry data shows two sales for 48 PERRYFIELDS 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 48 PERRYFIELDS 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
2000 20 APR	£59,500	£48,698	22% above HPI
1995 19 JUL	£45,000	£38,277	18% above HPI

48 PERRYFIELDS 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 48 PERRYFIELDS CLOSE sales from July 1995 and April 2000 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 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2000 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 48 PERRYFIELDS CLOSE be worth now?

48 PERRYFIELDS CLOSE might now be worth an estimated £250,497.

This is based on house price inflation of 321%, between April 2000 and April 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 321% inflationary increase is applied to the most recent sale price for 48 PERRYFIELDS CLOSE of £59,500 on 20th April 2000. For the value to have increased from £59,500 to £250,497 over the 26 years to April 2026, the following assumptions must hold true:

• The value of 48 PERRYFIELDS CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The April 2000 sale price of £59,500 represented a fair market value for the property.
• The size, condition, and specification of 48 PERRYFIELDS CLOSE has not materially changed since April 2000.

How Large is 48 PERRYFIELDS CLOSE?

48 PERRYFIELDS CLOSE is 57m² according to the EPC inspection conducted in May 2024. 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 48 PERRYFIELDS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 48 PERRYFIELDS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

48 PERRYFIELDS CLOSE: Plot and Title Map

48 PERRYFIELDS CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 48 PERRYFIELDS 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 48 PERRYFIELDS 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 48 PERRYFIELDS CLOSE?

48 PERRYFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 48 on PERRYFIELDS CLOSE.