55, OAKHAM CLOSE, REDDITCH, B98 7YG - £289,950

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 OAKHAM CLOSE is a small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £351,583. It was last sold for £289,950 in September 2019, which was around 11% below the average September 2019 detached price in the Redditch local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

55 OAKHAM CLOSE Sold Prices

Land registry data shows three sales for 55 OAKHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 55 OAKHAM 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
2019 26 SEP	£289,950	£325,029	11% below HPI
2019 26 SEP	£289,950	£325,029	11% below HPI
2004 23 DEC	£197,250	£226,935	13% below HPI

What might 55 OAKHAM CLOSE be worth now?

55 OAKHAM CLOSE might now be worth an estimated £351,583.

This is based on house price inflation of 21.3%, between September 2019 and May 2026, for detached 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 21.3% inflationary increase is applied to the most recent sale price for 55 OAKHAM CLOSE of £289,950 on 26th September 2019. For the value to have increased from £289,950 to £351,583 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 55 OAKHAM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2019 sale price of £289,950 represented a fair market value for the property.
• The size, condition, and specification of 55 OAKHAM CLOSE has not materially changed since September 2019.

How Large is 55 OAKHAM CLOSE?

55 OAKHAM CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 55 OAKHAM CLOSE lies on this distribution: 22% of detached houses are smaller than 55 OAKHAM CLOSE, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

55 OAKHAM CLOSE: Plot

55 OAKHAM CLOSE sits on a plot of roughly 0.140 of an acre, or 567m².

Where is 55 OAKHAM CLOSE?

55 OAKHAM CLOSE is located in REDDITCH, in the B98 postcode district.