40, EDGMOND CLOSE, REDDITCH, B98 0JG - £200,000

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.

40 EDGMOND CLOSE is a small terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £259,638. It was last sold for £200,000 in December 2018, which was around 28% above the average December 2018 terraced price in the Redditch local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

40 EDGMOND CLOSE Sold Prices

Land registry data shows three sales for 40 EDGMOND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the three 40 EDGMOND 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
2018 19 DEC	£200,000	£156,106	28% above HPI
2003 28 NOV	£125,500	£86,582	45% above HPI
2003 28 NOV	£125,500	£86,582	45% above HPI

What might 40 EDGMOND CLOSE be worth now?

40 EDGMOND CLOSE might now be worth an estimated £259,638.

This is based on house price inflation of 29.8%, between December 2018 and May 2026, for terraced 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 29.8% inflationary increase is applied to the most recent sale price for 40 EDGMOND CLOSE of £200,000 on 19th December 2018. For the value to have increased from £200,000 to £259,638 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 40 EDGMOND CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The December 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 40 EDGMOND CLOSE has not materially changed since December 2018.

How Large is 40 EDGMOND CLOSE?

40 EDGMOND CLOSE is 75m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 40 EDGMOND CLOSE lies on this distribution: 26% of terraced houses are smaller than 40 EDGMOND CLOSE, and 73% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

40 EDGMOND CLOSE: Plot

40 EDGMOND CLOSE sits on a plot of roughly 0.053 of an acre, or 215m².

Where is 40 EDGMOND CLOSE?

40 EDGMOND CLOSE is located in REDDITCH, in the B98 postcode district.