15, ELMSTONE CLOSE, REDDITCH, B97 5UR - £347,000

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.

15 ELMSTONE CLOSE is a large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £418,402. It was last sold for £347,000 in October 2019, which was around 6% above the average October 2019 detached price in the Redditch local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

15 ELMSTONE CLOSE Sold Prices

Land registry data shows one sale for 15 ELMSTONE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2019 10 OCT	£347,000	£326,860	6% above HPI

What might 15 ELMSTONE CLOSE be worth now?

15 ELMSTONE CLOSE might now be worth an estimated £418,402.

This is based on house price inflation of 20.6%, between October 2019 and May 2026, for 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 20.6% inflationary increase is applied to the most recent sale price for 15 ELMSTONE CLOSE of £347,000 on 10th October 2019. For the value to have increased from £347,000 to £418,402 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 15 ELMSTONE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2019 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELMSTONE CLOSE has not materially changed since October 2019.

How Large is 15 ELMSTONE CLOSE?

15 ELMSTONE CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 15 ELMSTONE CLOSE lies on this distribution: 66% of detached houses are smaller than 15 ELMSTONE CLOSE, and 34% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

15 ELMSTONE CLOSE: Plot

15 ELMSTONE CLOSE sits on a plot of roughly 0.101 of an acre, or 407m².

Where is 15 ELMSTONE CLOSE?

15 ELMSTONE CLOSE is located in REDDITCH, in the B97 postcode district.