3, NEWTON CLOSE, REDDITCH, B98 7YR - £365,000

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 NEWTON CLOSE is a midsized detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £373,463. It was last sold for £365,000 in June 2022, which was around 5% below the average June 2022 detached price in the Redditch local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 NEWTON CLOSE Sold Prices

Land registry data shows one sale for 3 NEWTON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2022 20 JUN	£365,000	£385,187	5% below HPI

What might 3 NEWTON CLOSE be worth now?

3 NEWTON CLOSE might now be worth an estimated £373,463.

This is based on house price inflation of 2.3%, between June 2022 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 2.3% inflationary increase is applied to the most recent sale price for 3 NEWTON CLOSE of £365,000 on 20th June 2022. For the value to have increased from £365,000 to £373,463 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 3 NEWTON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEWTON CLOSE has not materially changed since June 2022.

How Large is 3 NEWTON CLOSE?

3 NEWTON CLOSE is 105m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 3 NEWTON CLOSE lies on this distribution: 41% of detached houses are smaller than 3 NEWTON CLOSE, and 58% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

3 NEWTON CLOSE: Plot

3 NEWTON CLOSE sits on a plot of roughly 0.098 of an acre, or 398m².

Where is 3 NEWTON CLOSE?

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