47, RANGEWORTHY CLOSE, REDDITCH, B97 5HY - £59,500

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.

47 RANGEWORTHY CLOSE is a very small flat of 24m², built sometime between 1983 and 1990, which could now be worth an estimated £83,266. It was last sold for £59,500 in March 2006, which was around 28% below the average March 2006 flat price in the Redditch local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

47 RANGEWORTHY CLOSE Sold Prices

Land registry data shows three sales for 47 RANGEWORTHY 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 47 RANGEWORTHY 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
2006 31 MAR	£59,500	£82,589	28% below HPI
2002 1 NOV	£39,000	£57,109	32% below HPI
1999 14 MAY	£25,000	£32,461	23% below HPI

What might 47 RANGEWORTHY CLOSE be worth now?

47 RANGEWORTHY CLOSE might now be worth an estimated £83,266.

This is based on house price inflation of 39.9%, between March 2006 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 39.9% inflationary increase is applied to the most recent sale price for 47 RANGEWORTHY CLOSE of £59,500 on 31st March 2006. For the value to have increased from £59,500 to £83,266 over the nineteen years and eleven months to April 2026, the following assumptions must hold true:

• The value of 47 RANGEWORTHY CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The March 2006 sale price of £59,500 represented a fair market value for the property.
• The size, condition, and specification of 47 RANGEWORTHY CLOSE has not materially changed since March 2006.

How Large is 47 RANGEWORTHY CLOSE?

47 RANGEWORTHY CLOSE is 24m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of flats in Redditch, based on EPC data. Less than 1% of flats are smaller than 47 RANGEWORTHY CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Redditch.

47 RANGEWORTHY CLOSE: Plot

47 RANGEWORTHY CLOSE sits on a plot of roughly 0.183 of an acre, or 742m².

Where is 47 RANGEWORTHY CLOSE?

47 RANGEWORTHY CLOSE is located in REDDITCH, in the B97 postcode district.