8, GANBOROUGH CLOSE, REDDITCH, B98 0AA - £165,000

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 GANBOROUGH CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £263,580. It was last sold for £165,000 in August 2014, which was around 33% below the average August 2014 detached price in the Redditch local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

8 GANBOROUGH CLOSE Sold Prices

Land registry data shows one sale for 8 GANBOROUGH 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
2014 8 AUG	£165,000	£246,716	33% below HPI

What might 8 GANBOROUGH CLOSE be worth now?

8 GANBOROUGH CLOSE might now be worth an estimated £263,580.

This is based on house price inflation of 59.7%, between August 2014 and May 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 59.7% inflationary increase is applied to the most recent sale price for 8 GANBOROUGH CLOSE of £165,000 on 8th August 2014. For the value to have increased from £165,000 to £263,580 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 8 GANBOROUGH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GANBOROUGH CLOSE has not materially changed since August 2014.

How Large is 8 GANBOROUGH CLOSE?

8 GANBOROUGH CLOSE is 66m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 GANBOROUGH CLOSE lies on this distribution: 4% of detached houses are smaller than 8 GANBOROUGH CLOSE, and 96% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 GANBOROUGH CLOSE: Plot

8 GANBOROUGH CLOSE sits on a plot of roughly 0.070 of an acre, or 285m².

Where is 8 GANBOROUGH CLOSE?

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