9, SPETCHLEY CLOSE, REDDITCH, B97 5NB - £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.

9 SPETCHLEY CLOSE is a semi-detached house, which could now be worth an estimated £279,288. It was last sold for £165,000 in September 2007, which was around 9% above the average September 2007 semi-detached price in the Redditch local authority area.

9 SPETCHLEY CLOSE Sold Prices

Land registry data shows two sales for 9 SPETCHLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 9 SPETCHLEY CLOSE sales were for above 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
2007 7 SEP	£165,000	£151,573	9% above HPI
2001 22 JUN	£82,500	£74,729	10% above HPI

What might 9 SPETCHLEY CLOSE be worth now?

9 SPETCHLEY CLOSE might now be worth an estimated £279,288.

This is based on house price inflation of 69.3%, between September 2007 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 69.3% inflationary increase is applied to the most recent sale price for 9 SPETCHLEY CLOSE of £165,000 on 7th September 2007. For the value to have increased from £165,000 to £279,288 over the nineteen years and five months to April 2026, the following assumptions must hold true:

• The value of 9 SPETCHLEY CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2007 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPETCHLEY CLOSE has not materially changed since September 2007.

Where is 9 SPETCHLEY CLOSE?

9 SPETCHLEY CLOSE is located in REDDITCH, in the B97 postcode district.