7, GRAFTON CLOSE, REDDITCH, B98 7TR - £186,000

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 GRAFTON CLOSE is a large terraced house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £304,828. It was last sold for £186,000 in December 2007, which was around 50% above the average December 2007 terraced price in the Redditch local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

7 GRAFTON CLOSE Sold Prices

Land registry data shows two sales for 7 GRAFTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Both of the two 7 GRAFTON 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
2007 7 DEC	£186,000	£123,656	50% above HPI
2007 7 DEC	£186,000	£123,656	50% above HPI

What might 7 GRAFTON CLOSE be worth now?

7 GRAFTON CLOSE might now be worth an estimated £304,828.

This is based on house price inflation of 63.9%, between December 2007 and May 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 63.9% inflationary increase is applied to the most recent sale price for 7 GRAFTON CLOSE of £186,000 on 7th December 2007. For the value to have increased from £186,000 to £304,828 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 GRAFTON CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The December 2007 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRAFTON CLOSE has not materially changed since December 2007.

How Large is 7 GRAFTON CLOSE?

7 GRAFTON CLOSE is 93m² according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 7 GRAFTON CLOSE lies on this distribution: 75% of terraced houses are smaller than 7 GRAFTON CLOSE, and 23% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

7 GRAFTON CLOSE: Plot

7 GRAFTON CLOSE sits on a plot of roughly 0.069 of an acre, or 278m².

Where is 7 GRAFTON CLOSE?

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