40, HEDGEROW CLOSE, REDDITCH, B98 7QE - £145,000

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 HEDGEROW CLOSE is a large flat of 64m², built sometime between 2007 and 2011, which could now be worth an estimated £142,665. It was last sold for £145,000 in July 2023, which was around 23% above the average July 2023 flat price in the Redditch local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

40 HEDGEROW CLOSE Sold Prices

Land registry data shows three sales for 40 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. All of the three 40 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
2023 24 JUL	£145,000	£117,469	23% above HPI
2015 30 NOV	£120,000	£84,022	43% above HPI
2008 31 MAR	£132,950	£90,863	46% above HPI

What might 40 HEDGEROW CLOSE be worth now?

40 HEDGEROW CLOSE might now be worth an estimated £142,665.

This is based on house price deflation of 1.6%, between July 2023 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 1.6% deflationary decrease is applied to the most recent sale price for 40 HEDGEROW CLOSE of £145,000 on 24th July 2023. For the value to have decreased from £145,000 to £142,665 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 40 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The July 2023 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 40 HEDGEROW CLOSE has not materially changed since July 2023.

How Large is 40 HEDGEROW CLOSE?

40 HEDGEROW CLOSE is 64m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of flats in Redditch, based on EPC data. 74% of flats are smaller than 40 HEDGEROW CLOSE, and 24% of flats are larger. Note that EPC data is not available for all properties in Redditch.

40 HEDGEROW CLOSE: Plot

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

Where is 40 HEDGEROW CLOSE?

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