63, SPETCHLEY CLOSE, REDDITCH, B97 5NB - £192,500

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.

63 SPETCHLEY CLOSE is a small terraced house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £266,193. It was last sold for £192,500 in November 2017, which was around 30% above the average November 2017 terraced price in the Redditch local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

63 SPETCHLEY CLOSE Sold Prices

Land registry data shows three sales for 63 SPETCHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the three 63 SPETCHLEY CLOSE sales were for above 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
2017 15 NOV	£192,500	£148,262	30% above HPI
2004 10 SEP	£132,000	£102,162	29% above HPI
2004 10 SEP	£132,000	£102,162	29% above HPI

What might 63 SPETCHLEY CLOSE be worth now?

63 SPETCHLEY CLOSE might now be worth an estimated £266,193.

This is based on house price inflation of 38.3%, between November 2017 and April 2026, for terraced 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 38.3% inflationary increase is applied to the most recent sale price for 63 SPETCHLEY CLOSE of £192,500 on 15th November 2017. For the value to have increased from £192,500 to £266,193 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 63 SPETCHLEY CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The November 2017 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 63 SPETCHLEY CLOSE has not materially changed since November 2017.

How Large is 63 SPETCHLEY CLOSE?

63 SPETCHLEY CLOSE is 80m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 63 SPETCHLEY CLOSE lies on this distribution: 36% of terraced houses are smaller than 63 SPETCHLEY CLOSE, and 62% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

63 SPETCHLEY CLOSE: Plot

63 SPETCHLEY CLOSE sits on a plot of roughly 0.053 of an acre, or 215m².

Where is 63 SPETCHLEY CLOSE?

63 SPETCHLEY CLOSE is located in REDDITCH, in the B97 postcode district.