9, JAKEMANS CLOSE, REDDITCH, B98 0LL - £127,500

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.

9 JAKEMANS CLOSE is a very small terraced house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £230,626. It was last sold for £127,500 in March 2013, which was around 12% above the average March 2013 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

9 JAKEMANS CLOSE Sold Prices

Land registry data shows three sales for 9 JAKEMANS 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. All of the three 9 JAKEMANS 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
2013 15 MAR	£127,500	£113,344	12% above HPI
2007 27 JUL	£137,500	£122,170	13% above HPI
2001 18 JUN	£74,000	£56,185	32% above HPI

9 JAKEMANS 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 three 9 JAKEMANS CLOSE sales between June 2001 and March 2013 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 July 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 9 JAKEMANS CLOSE be worth now?

9 JAKEMANS CLOSE might now be worth an estimated £230,626.

This is based on house price inflation of 80.9%, between March 2013 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 80.9% inflationary increase is applied to the most recent sale price for 9 JAKEMANS CLOSE of £127,500 on 15th March 2013. For the value to have increased from £127,500 to £230,626 over the twelve years and eleven months to April 2026, the following assumptions must hold true:

• The value of 9 JAKEMANS CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The March 2013 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 9 JAKEMANS CLOSE has not materially changed since March 2013.

How Large is 9 JAKEMANS CLOSE?

9 JAKEMANS CLOSE is 73m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 9 JAKEMANS CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 9 JAKEMANS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Redditch.

9 JAKEMANS CLOSE: Plot and Title Map

9 JAKEMANS CLOSE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 9 JAKEMANS 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 9 JAKEMANS 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 9 JAKEMANS CLOSE?

9 JAKEMANS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 9 on JAKEMANS CLOSE.