12, SHAWS CLOSE, REDDITCH, B97 5SN - £160,000

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.

12 SHAWS CLOSE is a midsized semi-detached house of 86m², which could now be worth an estimated £298,207. It was last sold for £160,000 in May 2010, which was around 17% above the average May 2010 semi-detached price in the Redditch local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

12 SHAWS CLOSE Sold Prices

Land registry data shows two sales for 12 SHAWS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 12 SHAWS 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
2010 7 MAY	£160,000	£136,886	17% above HPI
2004 23 APR	£149,500	£125,301	19% above HPI

12 SHAWS 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 two 12 SHAWS CLOSE sales from April 2004 and May 2010 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 April 2004 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2010 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 12 SHAWS CLOSE be worth now?

12 SHAWS CLOSE might now be worth an estimated £298,207.

This is based on house price inflation of 86.4%, between May 2010 and July 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 86.4% inflationary increase is applied to the most recent sale price for 12 SHAWS CLOSE of £160,000 on 7th May 2010. For the value to have increased from £160,000 to £298,207 over the fifteen years and ten months to July 2026, the following assumptions must hold true:

• The value of 12 SHAWS CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The May 2010 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SHAWS CLOSE has not materially changed since May 2010.

How Large is 12 SHAWS CLOSE?

12 SHAWS CLOSE is 86m² according to the EPC inspection conducted in September 2008. This puts it in the largest 50% 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 12 SHAWS CLOSE lies on this distribution: 57% of semi-detached houses are smaller than 12 SHAWS CLOSE, and 40% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

12 SHAWS CLOSE: Plot

12 SHAWS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m².

Where is 12 SHAWS CLOSE?

12 SHAWS CLOSE is located in REDDITCH, in the B97 postcode district.