5, DEVONPORT CLOSE, REDDITCH, B97 6TQ - £240,000

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.

5 DEVONPORT CLOSE is a very small terraced house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £274,990. It was last sold for £240,000 in September 2021, which was around 34% above the average September 2021 terraced price in the Redditch local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

5 DEVONPORT CLOSE Sold Prices

Land registry data shows three sales for 5 DEVONPORT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the three 5 DEVONPORT 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 20 SEP	£240,000	£178,933	34% above HPI
2006 13 APR	£150,000	£112,507	33% above HPI
2000 31 MAR	£79,500	£47,069	69% above HPI

5 DEVONPORT 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 three 5 DEVONPORT CLOSE sales between March 2000 and September 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 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 5 DEVONPORT CLOSE be worth now?

5 DEVONPORT CLOSE might now be worth an estimated £274,990.

This is based on house price inflation of 14.6%, between September 2021 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 14.6% inflationary increase is applied to the most recent sale price for 5 DEVONPORT CLOSE of £240,000 on 20th September 2021. For the value to have increased from £240,000 to £274,990 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 5 DEVONPORT CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DEVONPORT CLOSE has not materially changed since September 2021.

How Large is 5 DEVONPORT CLOSE?

5 DEVONPORT CLOSE is 72m² according to the EPC inspection conducted in May 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 5 DEVONPORT CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 5 DEVONPORT CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 DEVONPORT CLOSE: Plot and Title Map

5 DEVONPORT CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 5 DEVONPORT 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 5 DEVONPORT 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 5 DEVONPORT CLOSE?

5 DEVONPORT CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on DEVONPORT CLOSE.