7, CORNWELL CLOSE, REDDITCH, B98 7TG - £250,000

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.

7 CORNWELL CLOSE is a very large extended detached house of 154m², built sometime between 1983 and 1990, which could now be worth an estimated £451,081. It was last sold for £250,000 in March 2011, which was around 12% above the average March 2011 detached price in the Redditch local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

7 CORNWELL CLOSE Sold Prices

Land registry data shows one sale for 7 CORNWELL 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
2011 25 MAR	£250,000	£223,498	12% above HPI

What might 7 CORNWELL CLOSE be worth now?

7 CORNWELL CLOSE might now be worth an estimated £451,081.

This is based on house price inflation of 80.4%, between March 2011 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 80.4% inflationary increase is applied to the most recent sale price for 7 CORNWELL CLOSE of £250,000 on 25th March 2011. For the value to have increased from £250,000 to £451,081 over the fourteen years and eleven months to April 2026, the following assumptions must hold true:

• The value of 7 CORNWELL CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNWELL CLOSE has not materially changed since March 2011.

How Large is 7 CORNWELL CLOSE?

7 CORNWELL CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 7 CORNWELL CLOSE lies on this distribution: 88% of detached houses are smaller than 7 CORNWELL CLOSE, and 12% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

7 CORNWELL CLOSE: Plot

7 CORNWELL CLOSE sits on a plot of roughly 0.099 of an acre, or 401m².

Where is 7 CORNWELL CLOSE?

7 CORNWELL CLOSE is located in REDDITCH, in the B98 postcode district.