28, HEDGEROW CLOSE, REDDITCH, B98 7QE - £129,000

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.

28 HEDGEROW CLOSE is a large flat of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £150,916. It was last sold for £129,000 in January 2020, which was around 31% above the average January 2020 flat price in the Redditch local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

28 HEDGEROW CLOSE Sold Prices

Land registry data shows three sales for 28 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the three 28 HEDGEROW CLOSE sales were for above 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
2020 6 JAN	£129,000	£98,793	31% above HPI
2017 31 MAY	£125,000	£96,620	29% above HPI
2008 31 OCT	£129,950	£83,097	56% above HPI

What might 28 HEDGEROW CLOSE be worth now?

28 HEDGEROW CLOSE might now be worth an estimated £150,916.

This is based on house price inflation of 17%, between January 2020 and April 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for 28 HEDGEROW CLOSE of £129,000 on 6th January 2020. For the value to have increased from £129,000 to £150,916 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 28 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The January 2020 sale price of £129,000 represented a fair market value for the property.
• The size, condition, and specification of 28 HEDGEROW CLOSE has not materially changed since January 2020.

How Large is 28 HEDGEROW CLOSE?

28 HEDGEROW CLOSE is 66m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of flats in Redditch, based on EPC data. 78% of flats are smaller than 28 HEDGEROW CLOSE, and 19% of flats are larger. Note that EPC data is not available for all properties in Redditch.

28 HEDGEROW CLOSE: Plot

28 HEDGEROW CLOSE sits on a plot of roughly 2.0 acres, or 7,985m².

Where is 28 HEDGEROW CLOSE?

28 HEDGEROW CLOSE is located in REDDITCH, in the B98 postcode district.