16, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £160,000

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 PEMBRIDGE CLOSE is a small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £224,973. It was last sold for £160,000 in July 2017, which was around 12% below the average July 2017 semi-detached price in the Redditch local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

16 PEMBRIDGE CLOSE Sold Prices

Land registry data shows three sales for 16 PEMBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the three 16 PEMBRIDGE CLOSE sales were 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
2017 7 JUL	£160,000	£182,465	12% below HPI
2003 5 DEC	£96,000	£116,346	17% below HPI
2003 5 DEC	£96,000	£116,346	17% below HPI

What might 16 PEMBRIDGE CLOSE be worth now?

16 PEMBRIDGE CLOSE might now be worth an estimated £224,973.

This is based on house price inflation of 40.6%, between July 2017 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 40.6% inflationary increase is applied to the most recent sale price for 16 PEMBRIDGE CLOSE of £160,000 on 7th July 2017. For the value to have increased from £160,000 to £224,973 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 16 PEMBRIDGE CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The July 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PEMBRIDGE CLOSE has not materially changed since July 2017.

How Large is 16 PEMBRIDGE CLOSE?

16 PEMBRIDGE CLOSE is 72m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 16 PEMBRIDGE CLOSE lies on this distribution: 25% of semi-detached houses are smaller than 16 PEMBRIDGE CLOSE, and 73% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

16 PEMBRIDGE CLOSE: Plot

16 PEMBRIDGE CLOSE sits on a plot of roughly 0.037 of an acre, or 148m².

Where is 16 PEMBRIDGE CLOSE?

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