12, CLEOBURY CLOSE, REDDITCH, B97 6TG - £178,000

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.

12 CLEOBURY CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £308,373. It was last sold for £178,000 in February 2006, which was around 19% below the average February 2006 detached price in the Redditch local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

12 CLEOBURY CLOSE Sold Prices

Land registry data shows three sales for 12 CLEOBURY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 12 CLEOBURY 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
2006 10 FEB	£178,000	£219,788	19% below HPI
2004 26 MAY	£164,950	£207,020	20% below HPI
1999 27 MAY	£87,500	£102,149	14% below HPI

12 CLEOBURY 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 three 12 CLEOBURY CLOSE sales between May 1999 and February 2006 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2006 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 12 CLEOBURY CLOSE be worth now?

12 CLEOBURY CLOSE might now be worth an estimated £308,373.

This is based on house price inflation of 73.2%, between February 2006 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 73.2% inflationary increase is applied to the most recent sale price for 12 CLEOBURY CLOSE of £178,000 on 10th February 2006. For the value to have increased from £178,000 to £308,373 over the nineteen years to February 2025, the following assumptions must hold true:

• The value of 12 CLEOBURY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2006 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CLEOBURY CLOSE has not materially changed since February 2006.

How Large is 12 CLEOBURY CLOSE?

12 CLEOBURY CLOSE is 80m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% 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 12 CLEOBURY CLOSE lies on this distribution: 12% of detached houses houses are smaller than 12 CLEOBURY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 CLEOBURY CLOSE: Plot and Title Map

12 CLEOBURY CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 12 CLEOBURY 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 12 CLEOBURY 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 12 CLEOBURY CLOSE?

12 CLEOBURY CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 12 on CLEOBURY CLOSE.