8, FINDON CLOSE, REDDITCH, B97 6UG - £375,000

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 FINDON CLOSE is a midsized extended detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £395,513. It was last sold for £375,000 in November 2021, which was around 3% above the average November 2021 detached price in the Redditch local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.

8 FINDON CLOSE Sold Prices

Land registry data shows three sales for 8 FINDON 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. One of the three 8 FINDON CLOSE sales was for above the average price, whilst two 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
2021 26 NOV	£375,000	£363,434	3% above HPI
2014 17 DEC	£227,500	£248,235	8% below HPI
2000 12 DEC	£117,995	£125,023	6% below HPI

8 FINDON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The three 8 FINDON CLOSE sales between December 2000 and November 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 December 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 FINDON CLOSE be worth now?

8 FINDON CLOSE might now be worth an estimated £395,513.

This is based on house price inflation of 5.5%, between November 2021 and March 2025, 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 5.5% inflationary increase is applied to the most recent sale price for 8 FINDON CLOSE of £375,000 on 26th November 2021. For the value to have increased from £375,000 to £395,513 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 8 FINDON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FINDON CLOSE has not materially changed since November 2021.

How Large is 8 FINDON CLOSE?

8 FINDON CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 8 FINDON CLOSE lies on this distribution: 54% of detached houses houses are smaller than 8 FINDON CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 FINDON CLOSE: Plot and Title Map

8 FINDON CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 8 FINDON 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 8 FINDON 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 8 FINDON CLOSE?

8 FINDON CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 8 on FINDON CLOSE.