1, GREENFORD CLOSE, REDDITCH, B97 6TF - £159,000

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.

1 GREENFORD CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £265,734. It was last sold for £159,000 in November 2005, which was around 30% below the average November 2005 detached price in the Redditch local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

1 GREENFORD CLOSE Sold Prices

Land registry data shows two sales for 1 GREENFORD 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 GREENFORD 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
2005 23 NOV	£159,000	£227,830	30% below HPI
1999 17 DEC	£90,500	£111,285	19% below HPI

1 GREENFORD 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 GREENFORD CLOSE sales from December 1999 and November 2005 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 December 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2005 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 GREENFORD CLOSE be worth now?

1 GREENFORD CLOSE might now be worth an estimated £265,734.

This is based on house price inflation of 67.1%, between November 2005 and February 2025, 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 67.1% inflationary increase is applied to the most recent sale price for 1 GREENFORD CLOSE of £159,000 on 23rd November 2005. For the value to have increased from £159,000 to £265,734 over the twenty years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 GREENFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2005 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREENFORD CLOSE has not materially changed since November 2005.

How Large is 1 GREENFORD CLOSE?

1 GREENFORD CLOSE is 71m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 GREENFORD CLOSE lies on this distribution: 6% of detached houses houses are smaller than 1 GREENFORD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 GREENFORD CLOSE: Plot and Title Map

1 GREENFORD CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 1 GREENFORD 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 GREENFORD 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 GREENFORD CLOSE?

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