2, SPRINGVALE DRIVE, WEBHEATH, REDDITCH, B97 5PL - £400,000

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 SPRINGVALE DRIVE is a detached house, which could now be worth an estimated £780,923. It was last sold for £400,000 in April 2004, which was around 94% above the average April 2004 detached price in the Redditch local authority area.

2 SPRINGVALE DRIVE Sold Prices

Land registry data shows one sale for 2 SPRINGVALE DRIVE 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
2004 6 APR	£400,000	£206,557	94% above HPI

What might 2 SPRINGVALE DRIVE be worth now?

2 SPRINGVALE DRIVE might now be worth an estimated £780,923.

This is based on house price inflation of 95.2%, between April 2004 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 95.2% inflationary increase is applied to the most recent sale price for 2 SPRINGVALE DRIVE of £400,000 on 6th April 2004. For the value to have increased from £400,000 to £780,923 over the 22 years to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGVALE DRIVE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2004 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGVALE DRIVE has not materially changed since April 2004.

Where is 2 SPRINGVALE DRIVE?

2 SPRINGVALE DRIVE is located in WEBHEATH, in the B97 postcode district.