105, HIGH TREES CLOSE, REDDITCH, B98 7XL - £115,000

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.

105 HIGH TREES CLOSE is a very small extended semi-detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £117,220. It was last sold for £115,000 in December 2022, which was around 54% below the average December 2022 semi-detached price in the Redditch local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

105 HIGH TREES CLOSE Sold Prices

Land registry data shows three sales for 105 HIGH TREES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the three 105 HIGH TREES CLOSE sales 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
2022 20 DEC	£115,000	£248,493	54% below HPI
2002 3 MAY	£48,000	£86,433	44% below HPI
1999 7 APR	£34,500	£59,198	42% below HPI

105 HIGH TREES 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 105 HIGH TREES CLOSE sales between April 1999 and December 2022 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 May 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2022 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 105 HIGH TREES CLOSE be worth now?

105 HIGH TREES CLOSE might now be worth an estimated £117,220.

This is based on house price inflation of 1.9%, between December 2022 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 1.9% inflationary increase is applied to the most recent sale price for 105 HIGH TREES CLOSE of £115,000 on 20th December 2022. For the value to have increased from £115,000 to £117,220 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 105 HIGH TREES CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The December 2022 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 105 HIGH TREES CLOSE has not materially changed since December 2022.

How Large is 105 HIGH TREES CLOSE?

105 HIGH TREES CLOSE is 48m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 105 HIGH TREES CLOSE lies on this distribution: 2% of semi-detached houses are smaller than 105 HIGH TREES CLOSE, and 98% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

Where is 105 HIGH TREES CLOSE?

105 HIGH TREES CLOSE is located in REDDITCH, in the B98 postcode district.