96, RANGEWORTHY CLOSE, REDDITCH, B97 5HZ - £118,000

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.

96 RANGEWORTHY CLOSE is a very small flat of 37m², built sometime between 1967 and 1975, which could now be worth an estimated £112,984. It was last sold for £118,000 in August 2022, which was around 2% below the average August 2022 flat price in the Redditch local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

96 RANGEWORTHY CLOSE Sold Prices

Land registry data shows four sales for 96 RANGEWORTHY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. Most of the four 96 RANGEWORTHY 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
2022 31 AUG	£118,000	£120,708	2% below HPI
2006 25 OCT	£92,000	£87,754	5% above HPI
2004 30 JUL	£79,950	£74,428	7% above HPI
2000 7 APR	£42,000	£35,101	20% above HPI

What might 96 RANGEWORTHY CLOSE be worth now?

96 RANGEWORTHY CLOSE might now be worth an estimated £112,984.

This is based on house price deflation of 4.3%, between August 2022 and April 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% deflationary decrease is applied to the most recent sale price for 96 RANGEWORTHY CLOSE of £118,000 on 31st August 2022. For the value to have decreased from £118,000 to £112,984 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 96 RANGEWORTHY CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The August 2022 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 96 RANGEWORTHY CLOSE has not materially changed since August 2022.

How Large is 96 RANGEWORTHY CLOSE?

96 RANGEWORTHY CLOSE is 37m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of flats in Redditch, based on EPC data. 7% of flats are smaller than 96 RANGEWORTHY CLOSE, and 93% of flats are larger. Note that EPC data is not available for all properties in Redditch.

96 RANGEWORTHY CLOSE: Plot

96 RANGEWORTHY CLOSE sits on a plot of roughly 0.041 of an acre, or 166m².

Where is 96 RANGEWORTHY CLOSE?

96 RANGEWORTHY CLOSE is located in REDDITCH, in the B97 postcode district.