1, EARLS CLOSE, REDDITCH, B97 5QQ - £410,000

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 EARLS CLOSE is a very large extended detached house of 187m², built sometime between 2003 and 2006, which could now be worth an estimated £598,785. It was last sold for £410,000 in July 2015, which was around 55% above the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

1 EARLS CLOSE Sold Prices

Land registry data shows two sales for 1 EARLS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 1 EARLS 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
2015 23 JUL	£410,000	£264,857	55% above HPI
1999 17 SEP	£144,500	£108,202	34% above HPI

1 EARLS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two 1 EARLS CLOSE sales from September 1999 and July 2015 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 September 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2015 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 1 EARLS CLOSE be worth now?

1 EARLS CLOSE might now be worth an estimated £598,785.

This is based on house price inflation of 46%, between July 2015 and December 2024, 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 46% inflationary increase is applied to the most recent sale price for 1 EARLS CLOSE of £410,000 on 23rd July 2015. For the value to have increased from £410,000 to £598,785 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 EARLS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2015 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EARLS CLOSE has not materially changed since July 2015.

How Large is 1 EARLS CLOSE?

1 EARLS CLOSE is 187m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 1 EARLS CLOSE lies on this distribution: 96% of detached houses houses are smaller than 1 EARLS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 EARLS CLOSE: Plot and Title Map

1 EARLS CLOSE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 1 EARLS 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 EARLS 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 EARLS CLOSE?

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