55, HEDGEROW CLOSE, REDDITCH, B98 7QF - £231,000

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.

55 HEDGEROW CLOSE is a very large terraced house of 150m², built sometime from 2007 onwards, which could now be worth an estimated £264,678. It was last sold for £231,000 in September 2021, which was around 29% above the average September 2021 terraced price in the Redditch local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

55 HEDGEROW CLOSE Sold Prices

Land registry data shows four sales for 55 HEDGEROW 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 55 HEDGEROW 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 8 SEP	£231,000	£178,933	29% above HPI
2018 4 JAN	£230,000	£151,882	51% above HPI
2014 17 APR	£197,500	£120,764	64% above HPI
2007 21 SEP	£227,950	£122,667	86% above HPI

55 HEDGEROW 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 55 HEDGEROW CLOSE sales between September 2007 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 January 2018 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the September 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 55 HEDGEROW CLOSE be worth now?

55 HEDGEROW CLOSE might now be worth an estimated £264,678.

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 55 HEDGEROW CLOSE of £231,000 on 8th September 2021. For the value to have increased from £231,000 to £264,678 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 55 HEDGEROW CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2021 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 55 HEDGEROW CLOSE has not materially changed since September 2021.

How Large is 55 HEDGEROW CLOSE?

55 HEDGEROW CLOSE is 150m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 55 HEDGEROW CLOSE lies on this distribution: 86% of terraced houses houses are smaller than 55 HEDGEROW CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Redditch.

55 HEDGEROW CLOSE: Plot and Title Map

55 HEDGEROW CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 55 HEDGEROW 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 55 HEDGEROW 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 55 HEDGEROW CLOSE?

55 HEDGEROW CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 55 on HEDGEROW CLOSE.