25, OAKHAM CLOSE, REDDITCH, B98 7YG - £195,000

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.

25 OAKHAM CLOSE is a very small detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £280,179. It was last sold for £195,000 in April 2016, which was around 29% below the average April 2016 detached price in the Redditch local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

25 OAKHAM CLOSE Sold Prices

Land registry data shows four sales for 25 OAKHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 25 OAKHAM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 15 APR	£195,000	£274,300	29% below HPI
2002 30 APR	£129,950	£148,430	12% below HPI
1997 3 MAR	£65,500	£89,200	27% below HPI
1997 3 MAR	£65,500	£89,200	27% below HPI

What might 25 OAKHAM CLOSE be worth now?

25 OAKHAM CLOSE might now be worth an estimated £280,179.

This is based on house price inflation of 43.7%, between April 2016 and May 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 43.7% inflationary increase is applied to the most recent sale price for 25 OAKHAM CLOSE of £195,000 on 15th April 2016. For the value to have increased from £195,000 to £280,179 over the nine years and eleven months to May 2026, the following assumptions must hold true:

• The value of 25 OAKHAM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 25 OAKHAM CLOSE has not materially changed since April 2016.

How Large is 25 OAKHAM CLOSE?

25 OAKHAM CLOSE is 58m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 25 OAKHAM CLOSE lies on this distribution: 2% of detached houses are smaller than 25 OAKHAM CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

25 OAKHAM CLOSE: Plot

25 OAKHAM CLOSE sits on a plot of roughly 0.112 of an acre, or 455m².

Where is 25 OAKHAM CLOSE?

25 OAKHAM CLOSE is located in REDDITCH, in the B98 postcode district.