51, PERRYFIELDS CLOSE, REDDITCH, B98 7YP - £143,000

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.

51 PERRYFIELDS CLOSE is a very small terraced house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £161,212. It was last sold for £143,000 in January 2022, which was around 21% below the average January 2022 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

51 PERRYFIELDS CLOSE Sold Prices

Land registry data shows four sales for 51 PERRYFIELDS 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. Most of the four 51 PERRYFIELDS 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
2022 7 JAN	£143,000	£181,859	21% below HPI
2003 31 JAN	£73,000	£75,759	4% below HPI
2001 23 APR	£55,950	£54,455	3% above HPI
1997 17 OCT	£41,000	£41,627	2% below HPI

51 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 four 51 PERRYFIELDS CLOSE sales between October 1997 and January 2022 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 January 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 51 PERRYFIELDS CLOSE be worth now?

51 PERRYFIELDS CLOSE might now be worth an estimated £161,212.

This is based on house price inflation of 12.7%, between January 2022 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 12.7% inflationary increase is applied to the most recent sale price for 51 PERRYFIELDS CLOSE of £143,000 on 7th January 2022. For the value to have increased from £143,000 to £161,212 over the three years and nine months to April 2026, the following assumptions must hold true:

• The value of 51 PERRYFIELDS CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The January 2022 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 51 PERRYFIELDS CLOSE has not materially changed since January 2022.

How Large is 51 PERRYFIELDS CLOSE?

51 PERRYFIELDS CLOSE is 43m² according to the EPC inspection conducted in July 2020. 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 51 PERRYFIELDS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 51 PERRYFIELDS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

51 PERRYFIELDS CLOSE: Plot and Title Map

51 PERRYFIELDS CLOSE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 51 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 51 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 51 PERRYFIELDS CLOSE?

51 PERRYFIELDS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 51 on PERRYFIELDS CLOSE.