80, CRANHAM CLOSE, REDDITCH, B97 5AZ - £275,000

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.

80 CRANHAM CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £341,192. It was last sold for £275,000 in September 2019, which was around 15% below the average September 2019 detached price in the Redditch local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

80 CRANHAM CLOSE Sold Prices

Land registry data shows five sales for 80 CRANHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 80 CRANHAM 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
2019 30 SEP	£275,000	£325,029	15% below HPI
2016 29 JUL	£255,000	£281,915	10% below HPI
2014 18 JUL	£223,000	£244,810	9% below HPI
2007 12 OCT	£175,000	£245,161	29% below HPI
2007 12 OCT	£175,000	£245,161	29% below HPI

What might 80 CRANHAM CLOSE be worth now?

80 CRANHAM CLOSE might now be worth an estimated £341,192.

This is based on house price inflation of 24.1%, between September 2019 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 24.1% inflationary increase is applied to the most recent sale price for 80 CRANHAM CLOSE of £275,000 on 30th September 2019. For the value to have increased from £275,000 to £341,192 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 80 CRANHAM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 80 CRANHAM CLOSE has not materially changed since September 2019.

How Large is 80 CRANHAM CLOSE?

80 CRANHAM CLOSE is 70m² according to the EPC inspection conducted in March 2014. 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 80 CRANHAM CLOSE lies on this distribution: 5% of detached houses are smaller than 80 CRANHAM CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

80 CRANHAM CLOSE: Plot

80 CRANHAM CLOSE sits on a plot of roughly 0.057 of an acre, or 229m².

Where is 80 CRANHAM CLOSE?

80 CRANHAM CLOSE is located in REDDITCH, in the B97 postcode district.