57, HEDGEROW CLOSE, REDDITCH, B98 7QF - £179,950

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.

57 HEDGEROW CLOSE is a large extended terraced house of 121m², built sometime from 2007 onwards, which could now be worth an estimated £296,842. It was last sold for £179,950 in February 2015, which was around 45% above the average February 2015 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

57 HEDGEROW CLOSE Sold Prices

Land registry data shows two sales for 57 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Both of the two 57 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
2015 9 FEB	£179,950	£124,286	45% above HPI
2007 21 SEP	£197,950	£122,667	61% above HPI

57 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 two 57 HEDGEROW CLOSE sales from September 2007 and February 2015 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 September 2007 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the February 2015 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 57 HEDGEROW CLOSE be worth now?

57 HEDGEROW CLOSE might now be worth an estimated £296,842.

This is based on house price inflation of 65%, between February 2015 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 65% inflationary increase is applied to the most recent sale price for 57 HEDGEROW CLOSE of £179,950 on 9th February 2015. For the value to have increased from £179,950 to £296,842 over the ten years and ten months to April 2026, the following assumptions must hold true:

• The value of 57 HEDGEROW CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The February 2015 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 57 HEDGEROW CLOSE has not materially changed since February 2015.

How Large is 57 HEDGEROW CLOSE?

57 HEDGEROW CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 57 HEDGEROW CLOSE lies on this distribution: 62% of terraced houses houses are smaller than 57 HEDGEROW CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Redditch.

57 HEDGEROW CLOSE: Plot and Title Map

57 HEDGEROW CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 57 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 57 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 57 HEDGEROW CLOSE?

57 HEDGEROW CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 57 on HEDGEROW CLOSE.