56, CHERINGTON CLOSE, REDDITCH, B98 0BB - £256,500

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.

56 CHERINGTON CLOSE is a large extended semi-detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £293,896. It was last sold for £256,500 in September 2021, which was around 43% above the average September 2021 terraced price in the Redditch local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

56 CHERINGTON CLOSE Sold Prices

Land registry data shows three sales for 56 CHERINGTON 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. Two of the three 56 CHERINGTON CLOSE sales were for above the average price, whilst one was 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
2021 21 SEP	£256,500	£178,933	43% above HPI
2021 21 SEP	£256,500	£178,933	43% above HPI
2006 12 MAY	£77,500	£113,830	32% below HPI

What might 56 CHERINGTON CLOSE be worth now?

56 CHERINGTON CLOSE might now be worth an estimated £293,896.

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 56 CHERINGTON CLOSE of £256,500 on 21st September 2021. For the value to have increased from £256,500 to £293,896 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 56 CHERINGTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2021 sale price of £256,500 represented a fair market value for the property.
• The size, condition, and specification of 56 CHERINGTON CLOSE has not materially changed since September 2021.

How Large is 56 CHERINGTON CLOSE?

56 CHERINGTON CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 56 CHERINGTON CLOSE lies on this distribution: 78% of terraced houses are smaller than 56 CHERINGTON CLOSE, and 21% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

56 CHERINGTON CLOSE: Plot

56 CHERINGTON CLOSE sits on a plot of roughly 0.082 of an acre, or 331m².

Where is 56 CHERINGTON CLOSE?

56 CHERINGTON CLOSE is located in REDDITCH, in the B98 postcode district.