11, MICHAELWOOD CLOSE, REDDITCH, B97 5YB - £141,550

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

11 MICHAELWOOD CLOSE is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £268,247. It was last sold for £141,550 in August 2004, which was around 8% above the average August 2004 semi-detached price in the Redditch local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

11 MICHAELWOOD CLOSE Sold Prices

Land registry data shows three sales for 11 MICHAELWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the three 11 MICHAELWOOD 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
2004 20 AUG	£141,550	£131,089	8% above HPI
2001 25 MAY	£80,500	£73,835	9% above HPI
1997 30 JUN	£57,000	£53,200	7% above HPI

11 MICHAELWOOD 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 three 11 MICHAELWOOD CLOSE sales between June 1997 and August 2004 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 May 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2004 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 11 MICHAELWOOD CLOSE be worth now?

11 MICHAELWOOD CLOSE might now be worth an estimated £268,247.

This is based on house price inflation of 89.5%, between August 2004 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 89.5% inflationary increase is applied to the most recent sale price for 11 MICHAELWOOD CLOSE of £141,550 on 20th August 2004. For the value to have increased from £141,550 to £268,247 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 11 MICHAELWOOD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2004 sale price of £141,550 represented a fair market value for the property.
• The size, condition, and specification of 11 MICHAELWOOD CLOSE has not materially changed since August 2004.

How Large is 11 MICHAELWOOD CLOSE?

11 MICHAELWOOD CLOSE is 61m² according to the EPC inspection conducted in July 2021. 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 11 MICHAELWOOD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 11 MICHAELWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 MICHAELWOOD CLOSE: Plot and Title Map

11 MICHAELWOOD CLOSE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 11 MICHAELWOOD 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 11 MICHAELWOOD 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 11 MICHAELWOOD CLOSE?

11 MICHAELWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 11 on MICHAELWOOD CLOSE.