46, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £190,000

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.

46 MICHAELWOOD CLOSE is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £243,562. It was last sold for £190,000 in December 2018, which was around 4% below the average December 2018 semi-detached price in the Redditch local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

46 MICHAELWOOD CLOSE Sold Prices

Land registry data shows one sale for 46 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
2018 7 DEC	£190,000	£197,588	4% below HPI

What might 46 MICHAELWOOD CLOSE be worth now?

46 MICHAELWOOD CLOSE might now be worth an estimated £243,562.

This is based on house price inflation of 28.2%, between December 2018 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 28.2% inflationary increase is applied to the most recent sale price for 46 MICHAELWOOD CLOSE of £190,000 on 7th December 2018. For the value to have increased from £190,000 to £243,562 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 46 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The December 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 46 MICHAELWOOD CLOSE has not materially changed since December 2018.

How Large is 46 MICHAELWOOD CLOSE?

46 MICHAELWOOD CLOSE is 58m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 46 MICHAELWOOD CLOSE lies on this distribution: 8% of semi-detached houses are smaller than 46 MICHAELWOOD CLOSE, and 91% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

46 MICHAELWOOD CLOSE: Plot

46 MICHAELWOOD CLOSE sits on a plot of roughly 0.046 of an acre, or 187m².

Where is 46 MICHAELWOOD CLOSE?

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