3, HEDGEROW CLOSE, REDDITCH, B98 7QE - £125,000

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.

3 HEDGEROW CLOSE is a midsized flat of 53m², built sometime between 2007 and 2011, which could now be worth an estimated £120,640. It was last sold for £125,000 in September 2024, which was around 4% above the average September 2024 flat price in the Redditch local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

3 HEDGEROW CLOSE Sold Prices

Land registry data shows four sales for 3 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the four 3 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
2024 20 SEP	£125,000	£119,754	4% above HPI
2021 18 OCT	£120,000	£111,876	7% above HPI
2013 23 JAN	£90,000	£74,220	21% above HPI
2009 3 JUL	£110,000	£75,318	46% above HPI

What might 3 HEDGEROW CLOSE be worth now?

3 HEDGEROW CLOSE might now be worth an estimated £120,640.

This is based on house price deflation of 3.5%, between September 2024 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 3.5% deflationary decrease is applied to the most recent sale price for 3 HEDGEROW CLOSE of £125,000 on 20th September 2024. For the value to have decreased from £125,000 to £120,640 over the two years and five months to April 2026, the following assumptions must hold true:

• The value of 3 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The September 2024 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEDGEROW CLOSE has not materially changed since September 2024.

How Large is 3 HEDGEROW CLOSE?

3 HEDGEROW CLOSE is 53m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of flats in Redditch, based on EPC data. 47% of flats are smaller than 3 HEDGEROW CLOSE, and 52% of flats are larger. Note that EPC data is not available for all properties in Redditch.

3 HEDGEROW CLOSE: Plot

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

Where is 3 HEDGEROW CLOSE?

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