8, ELMSTONE CLOSE, REDDITCH, B97 5UR - £243,000

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 ELMSTONE CLOSE is a large extended detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £450,704. It was last sold for £243,000 in December 2011, which was around 12% above the average December 2011 detached price in the Redditch local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 ELMSTONE CLOSE Sold Prices

Land registry data shows one sale for 8 ELMSTONE 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 2 DEC	£243,000	£217,422	12% above HPI

What might 8 ELMSTONE CLOSE be worth now?

8 ELMSTONE CLOSE might now be worth an estimated £450,704.

This is based on house price inflation of 85.5%, between December 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 85.5% inflationary increase is applied to the most recent sale price for 8 ELMSTONE CLOSE of £243,000 on 2nd December 2011. For the value to have increased from £243,000 to £450,704 over the fifteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 ELMSTONE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The December 2011 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELMSTONE CLOSE has not materially changed since December 2011.

How Large is 8 ELMSTONE CLOSE?

8 ELMSTONE CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 8 ELMSTONE CLOSE lies on this distribution: 72% of detached houses are smaller than 8 ELMSTONE CLOSE, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 ELMSTONE CLOSE: Plot

8 ELMSTONE CLOSE sits on a plot of roughly 0.093 of an acre, or 375m².

Where is 8 ELMSTONE CLOSE?

8 ELMSTONE CLOSE is located in REDDITCH, in the B97 postcode district.