7, PEMBRIDGE CLOSE, REDDITCH, B98 0JP - £70,000

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 PEMBRIDGE CLOSE is a very small terraced house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £194,261. It was last sold for £70,000 in October 2002, which was around 5% below the average October 2002 terraced price in the Redditch local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

7 PEMBRIDGE CLOSE Sold Prices

Land registry data shows one sale for 7 PEMBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2002 25 OCT	£70,000	£73,877	5% below HPI

What might 7 PEMBRIDGE CLOSE be worth now?

7 PEMBRIDGE CLOSE might now be worth an estimated £194,261.

This is based on house price inflation of 177.5%, between October 2002 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 177.5% inflationary increase is applied to the most recent sale price for 7 PEMBRIDGE CLOSE of £70,000 on 25th October 2002. For the value to have increased from £70,000 to £194,261 over the 24 years and six months to April 2026, the following assumptions must hold true:

• The value of 7 PEMBRIDGE CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The October 2002 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PEMBRIDGE CLOSE has not materially changed since October 2002.

How Large is 7 PEMBRIDGE CLOSE?

7 PEMBRIDGE CLOSE is 68m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 PEMBRIDGE CLOSE lies on this distribution: 17% of terraced houses are smaller than 7 PEMBRIDGE CLOSE, and 83% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

7 PEMBRIDGE CLOSE: Plot

7 PEMBRIDGE CLOSE sits on a plot of roughly 0.031 of an acre, or 126m².

Where is 7 PEMBRIDGE CLOSE?

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