4, ELDERSFIELD CLOSE, REDDITCH, B98 9NG - £295,000

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.

4 ELDERSFIELD CLOSE is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £350,353. It was last sold for £295,000 in November 2020, which was around 13% below the average November 2020 detached price in the Redditch local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

4 ELDERSFIELD CLOSE Sold Prices

Land registry data shows one sale for 4 ELDERSFIELD 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
2020 25 NOV	£295,000	£339,551	13% below HPI

What might 4 ELDERSFIELD CLOSE be worth now?

4 ELDERSFIELD CLOSE might now be worth an estimated £350,353.

This is based on house price inflation of 18.8%, between November 2020 and April 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 18.8% inflationary increase is applied to the most recent sale price for 4 ELDERSFIELD CLOSE of £295,000 on 25th November 2020. For the value to have increased from £295,000 to £350,353 over the six years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 ELDERSFIELD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELDERSFIELD CLOSE has not materially changed since November 2020.

How Large is 4 ELDERSFIELD CLOSE?

4 ELDERSFIELD CLOSE is 79m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 4 ELDERSFIELD CLOSE lies on this distribution: 11% of detached houses are smaller than 4 ELDERSFIELD CLOSE, and 88% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

4 ELDERSFIELD CLOSE: Plot

4 ELDERSFIELD CLOSE sits on a plot of roughly 0.125 of an acre, or 504m².

Where is 4 ELDERSFIELD CLOSE?

4 ELDERSFIELD CLOSE is located in REDDITCH, in the B98 postcode district.