31, HEDGEROW CLOSE, REDDITCH, B98 7QE - £122,500

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.

31 HEDGEROW CLOSE is a large flat of 65m², built sometime between 2007 and 2011, which could now be worth an estimated £171,925. It was last sold for £122,500 in March 2015, which was around 49% above the average March 2015 flat price in the Redditch local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

31 HEDGEROW CLOSE Sold Prices

Land registry data shows two sales for 31 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. Both of the two 31 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
2015 30 MAR	£122,500	£82,351	49% above HPI
2008 27 JUN	£129,950	£87,111	49% above HPI

What might 31 HEDGEROW CLOSE be worth now?

31 HEDGEROW CLOSE might now be worth an estimated £171,925.

This is based on house price inflation of 40.3%, between March 2015 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 40.3% inflationary increase is applied to the most recent sale price for 31 HEDGEROW CLOSE of £122,500 on 30th March 2015. For the value to have increased from £122,500 to £171,925 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 31 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The March 2015 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 31 HEDGEROW CLOSE has not materially changed since March 2015.

How Large is 31 HEDGEROW CLOSE?

31 HEDGEROW CLOSE is 65m² according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of flats in Redditch, based on EPC data. 77% of flats are smaller than 31 HEDGEROW CLOSE, and 22% of flats are larger. Note that EPC data is not available for all properties in Redditch.

31 HEDGEROW CLOSE: Plot

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

Where is 31 HEDGEROW CLOSE?

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