1, CHANDLERS CLOSE, REDDITCH, B97 5HU - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHANDLERS CLOSE is a very small extended semi-detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £276,313. It was last sold for £235,000 in February 2021, which was around 11% above the average February 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

1 CHANDLERS CLOSE Sold Prices

Land registry data shows six sales for 1 CHANDLERS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Most of the six 1 CHANDLERS 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
2021 26 FEB	£235,000	£211,280	11% above HPI
2014 21 MAR	£160,000	£147,168	9% above HPI
2011 23 SEP	£152,000	£134,361	13% above HPI
2007 25 MAY	£174,500	£150,023	16% above HPI
2005 8 APR	£125,500	£136,028	8% below HPI
2004 6 AUG	£116,182	£131,089	11% below HPI

1 CHANDLERS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The six 1 CHANDLERS CLOSE sales between August 2004 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 1 CHANDLERS CLOSE be worth now?

1 CHANDLERS CLOSE might now be worth an estimated £276,313.

This is based on house price inflation of 17.6%, between February 2021 and December 2024, 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 17.6% inflationary increase is applied to the most recent sale price for 1 CHANDLERS CLOSE of £235,000 on 26th February 2021. For the value to have increased from £235,000 to £276,313 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 1 CHANDLERS CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The February 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHANDLERS CLOSE has not materially changed since February 2021.

How Large is 1 CHANDLERS CLOSE?

1 CHANDLERS CLOSE is 68m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 1 CHANDLERS CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 1 CHANDLERS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 CHANDLERS CLOSE: Plot and Title Map

1 CHANDLERS CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 CHANDLERS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 CHANDLERS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 CHANDLERS CLOSE?

1 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 1 on CHANDLERS CLOSE.