51, CRANHAM CLOSE, REDDITCH, B97 5AZ - £305,000

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.

51 CRANHAM CLOSE is a small extended detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £330,164. It was last sold for £305,000 in March 2022, which was around 18% below the average March 2022 detached price in the Redditch local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

51 CRANHAM CLOSE Sold Prices

Land registry data shows one sale for 51 CRANHAM 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
2022 11 MAR	£305,000	£372,528	18% below HPI

What might 51 CRANHAM CLOSE be worth now?

51 CRANHAM CLOSE might now be worth an estimated £330,164.

This is based on house price inflation of 8.3%, between March 2022 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 8.3% inflationary increase is applied to the most recent sale price for 51 CRANHAM CLOSE of £305,000 on 11th March 2022. For the value to have increased from £305,000 to £330,164 over the three years and eleven months to April 2026, the following assumptions must hold true:

• The value of 51 CRANHAM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 51 CRANHAM CLOSE has not materially changed since March 2022.

How Large is 51 CRANHAM CLOSE?

51 CRANHAM CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 51 CRANHAM CLOSE lies on this distribution: 28% of detached houses are smaller than 51 CRANHAM CLOSE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

51 CRANHAM CLOSE: Plot

51 CRANHAM CLOSE sits on a plot of roughly 0.146 of an acre, or 591m².

Where is 51 CRANHAM CLOSE?

51 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district.