2, GILBERTSTONE CLOSE, REDDITCH, B98 7NQ - £335,000

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 GILBERTSTONE CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £344,754. It was last sold for £335,000 in August 2023, which was around 15% below the average August 2023 detached price in the Redditch local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

2 GILBERTSTONE CLOSE Sold Prices

Land registry data shows one sale for 2 GILBERTSTONE 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
2023 25 AUG	£335,000	£391,854	15% below HPI

What might 2 GILBERTSTONE CLOSE be worth now?

2 GILBERTSTONE CLOSE might now be worth an estimated £344,754.

This is based on house price inflation of 2.9%, between August 2023 and April 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 2.9% inflationary increase is applied to the most recent sale price for 2 GILBERTSTONE CLOSE of £335,000 on 25th August 2023. For the value to have increased from £335,000 to £344,754 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 2 GILBERTSTONE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2023 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GILBERTSTONE CLOSE has not materially changed since August 2023.

How Large is 2 GILBERTSTONE CLOSE?

2 GILBERTSTONE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 2 GILBERTSTONE CLOSE lies on this distribution: 30% of detached houses are smaller than 2 GILBERTSTONE CLOSE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

2 GILBERTSTONE CLOSE: Plot

2 GILBERTSTONE CLOSE sits on a plot of roughly 0.110 of an acre, or 444m².

Where is 2 GILBERTSTONE CLOSE?

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