2, NEWPORT CLOSE, REDDITCH, B97 5PY - £425,000

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 NEWPORT CLOSE is a large detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £439,664. It was last sold for £425,000 in July 2023, which was around 9% above the average July 2023 detached price in the Redditch local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

2 NEWPORT CLOSE Sold Prices

Land registry data shows one sale for 2 NEWPORT 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 28 JUL	£425,000	£389,813	9% above HPI

What might 2 NEWPORT CLOSE be worth now?

2 NEWPORT CLOSE might now be worth an estimated £439,664.

This is based on house price inflation of 3.5%, between July 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 3.5% inflationary increase is applied to the most recent sale price for 2 NEWPORT CLOSE of £425,000 on 28th July 2023. For the value to have increased from £425,000 to £439,664 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 2 NEWPORT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2023 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEWPORT CLOSE has not materially changed since July 2023.

How Large is 2 NEWPORT CLOSE?

2 NEWPORT CLOSE is 134m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 NEWPORT CLOSE lies on this distribution: 76% of detached houses are smaller than 2 NEWPORT CLOSE, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

2 NEWPORT CLOSE: Plot

2 NEWPORT CLOSE sits on a plot of roughly 0.117 of an acre, or 472m².

Where is 2 NEWPORT CLOSE?

2 NEWPORT CLOSE is located in REDDITCH, in the B97 postcode district.