2, EDGEFIELD CLOSE, REDDITCH, B98 7WB - £220,000

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.

2 EDGEFIELD CLOSE is a very small terraced house of 58m², built in 2019, which could now be worth an estimated £283,136. It was last sold for £220,000 in September 2019, which was around 38% above the average September 2019 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

2 EDGEFIELD CLOSE Sold Prices

Land registry data shows one sale for 2 EDGEFIELD CLOSE 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 27 SEP	£220,000	£159,303	38% above HPI

What might 2 EDGEFIELD CLOSE be worth now?

2 EDGEFIELD CLOSE might now be worth an estimated £283,136.

This is based on house price inflation of 28.7%, between September 2019 and April 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 28.7% inflationary increase is applied to the most recent sale price for 2 EDGEFIELD CLOSE of £220,000 on 27th September 2019. For the value to have increased from £220,000 to £283,136 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 2 EDGEFIELD CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EDGEFIELD CLOSE has not materially changed since September 2019.

How Large is 2 EDGEFIELD CLOSE?

2 EDGEFIELD CLOSE is 58m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 2 EDGEFIELD CLOSE lies on this distribution: 9% of terraced houses are smaller than 2 EDGEFIELD CLOSE, and 90% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

2 EDGEFIELD CLOSE: Plot

2 EDGEFIELD CLOSE sits on a plot of roughly 0.040 of an acre, or 161m².

Where is 2 EDGEFIELD CLOSE?

2 EDGEFIELD CLOSE is located in REDDITCH, in the B98 postcode district.