5, OFFWELL CLOSE, REDDITCH, B98 0FJ - £122,500

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.

5 OFFWELL CLOSE is a detached house, which could now be worth an estimated £498,494. It was last sold for £122,500 in February 1999, which was around 24% above the average February 1999 detached price in the Redditch local authority area.

5 OFFWELL CLOSE Sold Prices

Land registry data shows one sale for 5 OFFWELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
1999 26 FEB	£122,500	£99,098	24% above HPI

What might 5 OFFWELL CLOSE be worth now?

5 OFFWELL CLOSE might now be worth an estimated £498,494.

This is based on house price inflation of 306.9%, between February 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 306.9% inflationary increase is applied to the most recent sale price for 5 OFFWELL CLOSE of £122,500 on 26th February 1999. For the value to have increased from £122,500 to £498,494 over the 26 years and ten months to April 2026, the following assumptions must hold true:

• The value of 5 OFFWELL CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 1999 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 5 OFFWELL CLOSE has not materially changed since February 1999.

Where is 5 OFFWELL CLOSE?

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