12, SPETCHLEY CLOSE, REDDITCH, B97 5NB - £127,950

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 SPETCHLEY CLOSE is a semi-detached house, which could now be worth an estimated £261,985. It was last sold for £127,950 in April 2004, which was around 2% above the average April 2004 semi-detached price in the Redditch local authority area.

12 SPETCHLEY CLOSE Sold Prices

Land registry data shows two sales for 12 SPETCHLEY 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. One of the two 12 SPETCHLEY CLOSE sales was for above the average price, whilst the other was 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
2004 23 APR	£127,950	£125,301	2% above HPI
1996 26 APR	£49,000	£51,448	5% below HPI

What might 12 SPETCHLEY CLOSE be worth now?

12 SPETCHLEY CLOSE might now be worth an estimated £261,985.

This is based on house price inflation of 104.8%, between April 2004 and April 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 104.8% inflationary increase is applied to the most recent sale price for 12 SPETCHLEY CLOSE of £127,950 on 23rd April 2004. For the value to have increased from £127,950 to £261,985 over the 22 years to April 2026, the following assumptions must hold true:

• The value of 12 SPETCHLEY CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The April 2004 sale price of £127,950 represented a fair market value for the property.
• The size, condition, and specification of 12 SPETCHLEY CLOSE has not materially changed since April 2004.

Where is 12 SPETCHLEY CLOSE?

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