8, PERRYFIELDS CLOSE, REDDITCH, B98 7YP - £235,000

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 PERRYFIELDS CLOSE is a very small semi-detached house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £242,630. It was last sold for £235,000 in December 2022, which was around 5% below the average December 2022 semi-detached price in the Redditch local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

8 PERRYFIELDS CLOSE Sold Prices

Land registry data shows four sales for 8 PERRYFIELDS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the four 8 PERRYFIELDS 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
2022 16 DEC	£235,000	£248,493	5% below HPI
2022 16 DEC	£235,000	£248,493	5% below HPI
2018 7 DEC	£187,500	£197,588	5% below HPI
2008 1 AUG	£135,000	£144,480	7% below HPI

What might 8 PERRYFIELDS CLOSE be worth now?

8 PERRYFIELDS CLOSE might now be worth an estimated £242,630.

This is based on house price inflation of 3.2%, between December 2022 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 3.2% inflationary increase is applied to the most recent sale price for 8 PERRYFIELDS CLOSE of £235,000 on 16th December 2022. For the value to have increased from £235,000 to £242,630 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 PERRYFIELDS CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The December 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PERRYFIELDS CLOSE has not materially changed since December 2022.

How Large is 8 PERRYFIELDS CLOSE?

8 PERRYFIELDS CLOSE is 56m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% 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 PERRYFIELDS CLOSE lies on this distribution: 5% of semi-detached houses are smaller than 8 PERRYFIELDS CLOSE, and 94% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 PERRYFIELDS CLOSE: Plot

8 PERRYFIELDS CLOSE sits on a plot of roughly 0.054 of an acre, or 220m².

Where is 8 PERRYFIELDS CLOSE?

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