42, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £194,000

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.

42 MICHAELWOOD CLOSE is a midsized extended semi-detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £300,730. It was last sold for £194,000 in July 2015, which was around 19% above the average July 2015 semi-detached price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

42 MICHAELWOOD CLOSE Sold Prices

Land registry data shows one sale for 42 MICHAELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2015 17 JUL	£194,000	£163,396	19% above HPI

What might 42 MICHAELWOOD CLOSE be worth now?

42 MICHAELWOOD CLOSE might now be worth an estimated £300,730.

This is based on house price inflation of 55%, between July 2015 and May 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 55% inflationary increase is applied to the most recent sale price for 42 MICHAELWOOD CLOSE of £194,000 on 17th July 2015. For the value to have increased from £194,000 to £300,730 over the eleven years and two months to May 2026, the following assumptions must hold true:

• The value of 42 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The July 2015 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MICHAELWOOD CLOSE has not materially changed since July 2015.

How Large is 42 MICHAELWOOD CLOSE?

42 MICHAELWOOD CLOSE is 81m², which includes three extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 42 MICHAELWOOD CLOSE lies on this distribution: 44% of semi-detached houses are smaller than 42 MICHAELWOOD CLOSE, and 54% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

42 MICHAELWOOD CLOSE: Plot

42 MICHAELWOOD CLOSE sits on a plot of roughly 0.043 of an acre, or 174m².

Where is 42 MICHAELWOOD CLOSE?

42 MICHAELWOOD CLOSE is located in REDDITCH, in the B97 postcode district.