1, OFFENHAM CLOSE, REDDITCH, B98 8RJ - £293,000

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.

1 OFFENHAM CLOSE is a very small semi-detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £295,930. It was last sold for £293,000 in March 2023, which was around 17% above the average March 2023 semi-detached price in the Redditch local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 OFFENHAM CLOSE Sold Prices

Land registry data shows one sale for 1 OFFENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2023 28 MAR	£293,000	£250,781	17% above HPI

What might 1 OFFENHAM CLOSE be worth now?

1 OFFENHAM CLOSE might now be worth an estimated £295,930.

This is based on house price inflation of 1%, between March 2023 and May 2026, for semi-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 1% inflationary increase is applied to the most recent sale price for 1 OFFENHAM CLOSE of £293,000 on 28th March 2023. For the value to have increased from £293,000 to £295,930 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 1 OFFENHAM CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The March 2023 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OFFENHAM CLOSE has not materially changed since March 2023.

How Large is 1 OFFENHAM CLOSE?

1 OFFENHAM CLOSE is 67m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 1 OFFENHAM CLOSE lies on this distribution: 17% of semi-detached houses are smaller than 1 OFFENHAM CLOSE, and 82% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

1 OFFENHAM CLOSE: Plot

1 OFFENHAM CLOSE sits on a plot of roughly 0.084 of an acre, or 340m².

Where is 1 OFFENHAM CLOSE?

1 OFFENHAM CLOSE is located in REDDITCH, in the B98 postcode district.