5, EDGEFIELD CLOSE, REDDITCH, B98 7WB - £255,000

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.

5 EDGEFIELD CLOSE is a small semi-detached house of 77m², built in 2019, which could now be worth an estimated £329,722. It was last sold for £255,000 in August 2019, which was around 29% above the average August 2019 semi-detached price in the Redditch local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

5 EDGEFIELD CLOSE Sold Prices

Land registry data shows one sale for 5 EDGEFIELD 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
2019 30 AUG	£255,000	£198,419	29% above HPI

What might 5 EDGEFIELD CLOSE be worth now?

5 EDGEFIELD CLOSE might now be worth an estimated £329,722.

This is based on house price inflation of 29.3%, between August 2019 and April 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 29.3% inflationary increase is applied to the most recent sale price for 5 EDGEFIELD CLOSE of £255,000 on 30th August 2019. For the value to have increased from £255,000 to £329,722 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 5 EDGEFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 EDGEFIELD CLOSE has not materially changed since August 2019.

How Large is 5 EDGEFIELD CLOSE?

5 EDGEFIELD CLOSE is 77m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% 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 5 EDGEFIELD CLOSE lies on this distribution: 34% of semi-detached houses are smaller than 5 EDGEFIELD CLOSE, and 63% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

5 EDGEFIELD CLOSE: Plot

5 EDGEFIELD CLOSE sits on a plot of roughly 0.043 of an acre, or 175m².

Where is 5 EDGEFIELD CLOSE?

5 EDGEFIELD CLOSE is located in REDDITCH, in the B98 postcode district.