16, CEDAR ROAD, REDDITCH, B97 6HN - £165,000

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.

16 CEDAR ROAD is a small terraced house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £215,442. It was last sold for £165,000 in January 2019, which was around 6% above the average January 2019 terraced price in the Redditch local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

16 CEDAR ROAD Sold Prices

Land registry data shows one sale for 16 CEDAR ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 11 JAN	£165,000	£155,207	6% above HPI

What might 16 CEDAR ROAD be worth now?

16 CEDAR ROAD might now be worth an estimated £215,442.

This is based on house price inflation of 30.6%, between January 2019 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 30.6% inflationary increase is applied to the most recent sale price for 16 CEDAR ROAD of £165,000 on 11th January 2019. For the value to have increased from £165,000 to £215,442 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of 16 CEDAR ROAD has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The January 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CEDAR ROAD has not materially changed since January 2019.

How Large is 16 CEDAR ROAD?

16 CEDAR ROAD is 82m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 16 CEDAR ROAD lies on this distribution: 40% of terraced houses are smaller than 16 CEDAR ROAD, and 59% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

16 CEDAR ROAD: Plot

16 CEDAR ROAD sits on a plot of roughly 0.046 of an acre, or 187m².

Where is 16 CEDAR ROAD?

16 CEDAR ROAD is located in REDDITCH, in the B97 postcode district.