2, OFFENHAM CLOSE, REDDITCH, B98 8RJ - £325,000

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 OFFENHAM CLOSE is a large terraced house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £346,323. It was last sold for £325,000 in December 2023, which was around 69% above the average December 2023 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

2 OFFENHAM CLOSE Sold Prices

Land registry data shows one sale for 2 OFFENHAM 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
2023 19 DEC	£325,000	£192,397	69% above HPI

What might 2 OFFENHAM CLOSE be worth now?

2 OFFENHAM CLOSE might now be worth an estimated £346,323.

This is based on house price inflation of 6.6%, between December 2023 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 6.6% inflationary increase is applied to the most recent sale price for 2 OFFENHAM CLOSE of £325,000 on 19th December 2023. For the value to have increased from £325,000 to £346,323 over the three years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 OFFENHAM CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The December 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OFFENHAM CLOSE has not materially changed since December 2023.

How Large is 2 OFFENHAM CLOSE?

2 OFFENHAM CLOSE is 89m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% 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 OFFENHAM CLOSE lies on this distribution: 64% of terraced houses are smaller than 2 OFFENHAM CLOSE, and 32% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

2 OFFENHAM CLOSE: Plot

2 OFFENHAM CLOSE sits on a plot of roughly 0.059 of an acre, or 238m².

Where is 2 OFFENHAM CLOSE?

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