16, OFFENHAM CLOSE, REDDITCH, B98 8RJ - £69,500

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 OFFENHAM CLOSE is a detached house, which could now be worth an estimated £278,680. It was last sold for £69,500 in July 1998, which was around 29% below the average July 1998 detached price in the Redditch local authority area.

16 OFFENHAM CLOSE Sold Prices

Land registry data shows one sale for 16 OFFENHAM 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
1998 24 JUL	£69,500	£98,289	29% below HPI

What might 16 OFFENHAM CLOSE be worth now?

16 OFFENHAM CLOSE might now be worth an estimated £278,680.

This is based on house price inflation of 301%, between July 1998 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 301% inflationary increase is applied to the most recent sale price for 16 OFFENHAM CLOSE of £69,500 on 24th July 1998. For the value to have increased from £69,500 to £278,680 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 16 OFFENHAM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 1998 sale price of £69,500 represented a fair market value for the property.
• The size, condition, and specification of 16 OFFENHAM CLOSE has not materially changed since July 1998.

Where is 16 OFFENHAM CLOSE?

16 OFFENHAM CLOSE is located in REDDITCH, in the B98 postcode district.