4, PACKWOOD CLOSE, REDDITCH, B97 5SJ - £186,500

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.

4 PACKWOOD CLOSE is a very small semi-detached house of 65m², which could now be worth an estimated £250,211. It was last sold for £186,500 in February 2018, which was around 2% below the average February 2018 semi-detached price in the Redditch local authority area. The most recent EPC inspection was September 2008, where the current energy rating was D, and the potential energy rating was C.

4 PACKWOOD CLOSE Sold Prices

Land registry data shows three sales for 4 PACKWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. One of the three 4 PACKWOOD CLOSE sales was for below the average price, whilst two 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
2018 16 FEB	£186,500	£190,164	2% below HPI
2008 31 OCT	£145,000	£138,926	4% above HPI
1997 18 SEP	£63,500	£54,637	16% above HPI

What might 4 PACKWOOD CLOSE be worth now?

4 PACKWOOD CLOSE might now be worth an estimated £250,211.

This is based on house price inflation of 34.2%, between February 2018 and July 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 34.2% inflationary increase is applied to the most recent sale price for 4 PACKWOOD CLOSE of £186,500 on 16th February 2018. For the value to have increased from £186,500 to £250,211 over the seven years and seven months to July 2026, the following assumptions must hold true:

• The value of 4 PACKWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The February 2018 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 4 PACKWOOD CLOSE has not materially changed since February 2018.

How Large is 4 PACKWOOD CLOSE?

4 PACKWOOD CLOSE is 65m² according to the EPC inspection conducted in September 2008. This puts it in the smallest 20% of semi-detached houses in Redditch, based on EPC data. 14% of semi-detached houses are smaller than 4 PACKWOOD CLOSE, and 85% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

4 PACKWOOD CLOSE: Plot

4 PACKWOOD CLOSE sits on a plot of roughly 0.047 of an acre, or 192m².

Where is 4 PACKWOOD CLOSE?

4 PACKWOOD CLOSE is located in REDDITCH, in the B97 postcode district.