22, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £77,500

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.

22 MICHAELWOOD CLOSE is a very small semi-detached house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £265,862. It was last sold for £77,500 in May 2001, which was around 5% above the average May 2001 semi-detached price in the Redditch local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

22 MICHAELWOOD CLOSE Sold Prices

Land registry data shows one sale for 22 MICHAELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2001 31 MAY	£77,500	£73,835	5% above HPI

What might 22 MICHAELWOOD CLOSE be worth now?

22 MICHAELWOOD CLOSE might now be worth an estimated £265,862.

This is based on house price inflation of 243%, between May 2001 and May 2026, for semi-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 243% inflationary increase is applied to the most recent sale price for 22 MICHAELWOOD CLOSE of £77,500 on 31st May 2001. For the value to have increased from £77,500 to £265,862 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 22 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The May 2001 sale price of £77,500 represented a fair market value for the property.
• The size, condition, and specification of 22 MICHAELWOOD CLOSE has not materially changed since May 2001.

How Large is 22 MICHAELWOOD CLOSE?

22 MICHAELWOOD CLOSE is 52m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 22 MICHAELWOOD CLOSE lies on this distribution: 2% of semi-detached houses are smaller than 22 MICHAELWOOD CLOSE, and 97% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

22 MICHAELWOOD CLOSE: Plot

22 MICHAELWOOD CLOSE sits on a plot of roughly 0.042 of an acre, or 168m².

Where is 22 MICHAELWOOD CLOSE?

22 MICHAELWOOD CLOSE is located in REDDITCH, in the B97 postcode district.