40, HOLLOWFIELDS CLOSE, REDDITCH, B98 7NR - £89,500

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.

40 HOLLOWFIELDS CLOSE is a detached house, which could now be worth an estimated £356,113. It was last sold for £89,500 in April 1999, which was around 12% below the average April 1999 detached price in the Redditch local authority area.

40 HOLLOWFIELDS CLOSE Sold Prices

Land registry data shows two sales for 40 HOLLOWFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 40 HOLLOWFIELDS CLOSE sales were for below 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
1999 1 APR	£89,500	£101,350	12% below HPI
1996 29 MAR	£80,500	£87,725	8% below HPI

What might 40 HOLLOWFIELDS CLOSE be worth now?

40 HOLLOWFIELDS CLOSE might now be worth an estimated £356,113.

This is based on house price inflation of 297.9%, between April 1999 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 297.9% inflationary increase is applied to the most recent sale price for 40 HOLLOWFIELDS CLOSE of £89,500 on 1st April 1999. For the value to have increased from £89,500 to £356,113 over the 27 years to April 2026, the following assumptions must hold true:

• The value of 40 HOLLOWFIELDS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 1999 sale price of £89,500 represented a fair market value for the property.
• The size, condition, and specification of 40 HOLLOWFIELDS CLOSE has not materially changed since April 1999.

Where is 40 HOLLOWFIELDS CLOSE?

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