32, SPETCHLEY CLOSE, REDDITCH, B97 5NB - £118,750

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.

32 SPETCHLEY CLOSE is a semi-detached house, which could now be worth an estimated £294,885. It was last sold for £118,750 in February 2003, which was around 15% above the average February 2003 semi-detached price in the Redditch local authority area.

32 SPETCHLEY CLOSE Sold Prices

Land registry data shows two sales for 32 SPETCHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 32 SPETCHLEY 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
2003 3 FEB	£118,750	£103,317	15% above HPI
1998 26 JUN	£60,000	£57,112	5% above HPI

What might 32 SPETCHLEY CLOSE be worth now?

32 SPETCHLEY CLOSE might now be worth an estimated £294,885.

This is based on house price inflation of 148.3%, between February 2003 and April 2026, for semi-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 148.3% inflationary increase is applied to the most recent sale price for 32 SPETCHLEY CLOSE of £118,750 on 3rd February 2003. For the value to have increased from £118,750 to £294,885 over the 22 years and ten months to April 2026, the following assumptions must hold true:

• The value of 32 SPETCHLEY CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The February 2003 sale price of £118,750 represented a fair market value for the property.
• The size, condition, and specification of 32 SPETCHLEY CLOSE has not materially changed since February 2003.

Where is 32 SPETCHLEY CLOSE?

32 SPETCHLEY CLOSE is located in REDDITCH, in the B97 postcode district.