8, BURNS CLOSE, REDDITCH, B97 5BS - £298,000

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.

8 BURNS CLOSE is a midsized extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £390,666. It was last sold for £298,000 in June 2018, which was around 3% below the average June 2018 detached price in the Redditch local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

8 BURNS CLOSE Sold Prices

Land registry data shows one sale for 8 BURNS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 12 JUN	£298,000	£307,609	3% below HPI

What might 8 BURNS CLOSE be worth now?

8 BURNS CLOSE might now be worth an estimated £390,666.

This is based on house price inflation of 31.1%, between June 2018 and April 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 31.1% inflationary increase is applied to the most recent sale price for 8 BURNS CLOSE of £298,000 on 12th June 2018. For the value to have increased from £298,000 to £390,666 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 8 BURNS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2018 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BURNS CLOSE has not materially changed since June 2018.

How Large is 8 BURNS CLOSE?

8 BURNS CLOSE is 111m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 8 BURNS CLOSE lies on this distribution: 49% of detached houses are smaller than 8 BURNS CLOSE, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 BURNS CLOSE: Plot

8 BURNS CLOSE sits on a plot of roughly 0.112 of an acre, or 454m².

Where is 8 BURNS CLOSE?

8 BURNS CLOSE is located in REDDITCH, in the B97 postcode district.