8, BLAKEMERE CLOSE, REDDITCH, B98 0LY - £180,000

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.

8 BLAKEMERE CLOSE is a small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £238,325. It was last sold for £180,000 in August 2018, which was around 7% below the average August 2018 semi-detached price in the Redditch local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

8 BLAKEMERE CLOSE Sold Prices

Land registry data shows seven sales for 8 BLAKEMERE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Most of the seven 8 BLAKEMERE CLOSE sales were for below 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
2018 31 AUG	£180,000	£193,773	7% below HPI
2003 10 JAN	£99,950	£102,368	2% below HPI
2000 22 SEP	£71,000	£70,148	1% above HPI
2000 22 SEP	£71,000	£70,148	1% above HPI
1998 27 NOV	£53,000	£57,905	8% below HPI
1996 1 NOV	£46,000	£50,777	9% below HPI
1996 1 NOV	£46,000	£50,777	9% below HPI

What might 8 BLAKEMERE CLOSE be worth now?

8 BLAKEMERE CLOSE might now be worth an estimated £238,325.

This is based on house price inflation of 32.4%, between August 2018 and April 2026, for semi-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 32.4% inflationary increase is applied to the most recent sale price for 8 BLAKEMERE CLOSE of £180,000 on 31st August 2018. For the value to have increased from £180,000 to £238,325 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 8 BLAKEMERE CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BLAKEMERE CLOSE has not materially changed since August 2018.

How Large is 8 BLAKEMERE CLOSE?

8 BLAKEMERE CLOSE is 74m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 8 BLAKEMERE CLOSE lies on this distribution: 29% of semi-detached houses are smaller than 8 BLAKEMERE CLOSE, and 69% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 BLAKEMERE CLOSE: Plot

8 BLAKEMERE CLOSE sits on a plot of roughly 0.045 of an acre, or 184m².

Where is 8 BLAKEMERE CLOSE?

8 BLAKEMERE CLOSE is located in REDDITCH, in the B98 postcode district.