6, CHELMARSH CLOSE, REDDITCH, B98 8SQ - £390,000

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.

6 CHELMARSH CLOSE is a midsized extended detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £380,935. It was last sold for £390,000 in August 2024, which was around 3% below the average August 2024 detached price in the Redditch local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

6 CHELMARSH CLOSE Sold Prices

Land registry data shows one sale for 6 CHELMARSH 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
2024 29 AUG	£390,000	£403,497	3% below HPI

What might 6 CHELMARSH CLOSE be worth now?

6 CHELMARSH CLOSE might now be worth an estimated £380,935.

This is based on house price deflation of 2.3%, between August 2024 and May 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 2.3% deflationary decrease is applied to the most recent sale price for 6 CHELMARSH CLOSE of £390,000 on 29th August 2024. For the value to have decreased from £390,000 to £380,935 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 6 CHELMARSH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHELMARSH CLOSE has not materially changed since August 2024.

How Large is 6 CHELMARSH CLOSE?

6 CHELMARSH CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 6 CHELMARSH CLOSE lies on this distribution: 41% of detached houses are smaller than 6 CHELMARSH CLOSE, and 58% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

6 CHELMARSH CLOSE: Plot

6 CHELMARSH CLOSE sits on a plot of roughly 0.105 of an acre, or 425m².

Where is 6 CHELMARSH CLOSE?

6 CHELMARSH CLOSE is located in REDDITCH, in the B98 postcode district.