24, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £60,000

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.

24 MICHAELWOOD CLOSE is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £264,730. It was last sold for £60,000 in March 1999, which was around 5% above the average March 1999 semi-detached price in the Redditch local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

24 MICHAELWOOD CLOSE Sold Prices

Land registry data shows one sale for 24 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
1999 26 MAR	£60,000	£57,407	5% above HPI

What might 24 MICHAELWOOD CLOSE be worth now?

24 MICHAELWOOD CLOSE might now be worth an estimated £264,730.

This is based on house price inflation of 341.2%, between March 1999 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 341.2% inflationary increase is applied to the most recent sale price for 24 MICHAELWOOD CLOSE of £60,000 on 26th March 1999. For the value to have increased from £60,000 to £264,730 over the 26 years and ten months to May 2026, the following assumptions must hold true:

• The value of 24 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The March 1999 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MICHAELWOOD CLOSE has not materially changed since March 1999.

How Large is 24 MICHAELWOOD CLOSE?

24 MICHAELWOOD CLOSE is 61m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% 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 24 MICHAELWOOD CLOSE lies on this distribution: 11% of semi-detached houses are smaller than 24 MICHAELWOOD CLOSE, and 88% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

24 MICHAELWOOD CLOSE: Plot

24 MICHAELWOOD CLOSE sits on a plot of roughly 0.066 of an acre, or 267m².

Where is 24 MICHAELWOOD CLOSE?

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