133, HIGH TREES CLOSE, REDDITCH, B98 7XL - £168,000

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.

133 HIGH TREES CLOSE is a midsized terraced house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £217,644. It was last sold for £168,000 in October 2018, which was around 7% above the average October 2018 terraced price in the Redditch local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was C.

133 HIGH TREES CLOSE Sold Prices

Land registry data shows three sales for 133 HIGH TREES 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. The three 133 HIGH TREES CLOSE sales were a mix of above the average price, and roughly equal to 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
2018 5 OCT	£168,000	£156,430	7% above HPI
2007 17 AUG	£123,000	£122,407	Close to HPI
2002 25 MAR	£72,000	£62,194	16% above HPI

133 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 133 HIGH TREES CLOSE sales between March 2002 and October 2018 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 August 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 133 HIGH TREES CLOSE be worth now?

133 HIGH TREES CLOSE might now be worth an estimated £217,644.

This is based on house price inflation of 29.5%, between October 2018 and May 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 29.5% inflationary increase is applied to the most recent sale price for 133 HIGH TREES CLOSE of £168,000 on 5th October 2018. For the value to have increased from £168,000 to £217,644 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 133 HIGH TREES CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The October 2018 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 133 HIGH TREES CLOSE has not materially changed since October 2018.

How Large is 133 HIGH TREES CLOSE?

133 HIGH TREES CLOSE is 87m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 133 HIGH TREES CLOSE lies on this distribution: 60% of terraced houses are smaller than 133 HIGH TREES CLOSE, and 40% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

Where is 133 HIGH TREES CLOSE?

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