13, TOWBURY CLOSE, REDDITCH, B98 7YZ - £240,000

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.

13 TOWBURY CLOSE is a midsized detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £376,182. It was last sold for £240,000 in May 2014, which was around 1% below the average May 2014 detached price in the Redditch local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

13 TOWBURY CLOSE Sold Prices

Land registry data shows eight sales for 13 TOWBURY CLOSE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. four of the eight 13 TOWBURY CLOSE sales were for below the average price, and eight 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
2014 29 MAY	£240,000	£242,926	1% below HPI
2010 16 APR	£195,000	£224,760	13% below HPI
2005 22 APR	£225,000	£219,131	3% above HPI
2002 16 AUG	£155,000	£159,533	3% below HPI
2001 25 APR	£132,500	£127,976	4% above HPI
2000 31 MAY	£118,995	£115,758	3% above HPI
2000 26 MAY	£115,000	£115,758	1% below HPI
1996 29 NOV	£95,000	£86,436	10% above HPI

13 TOWBURY 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 eight 13 TOWBURY CLOSE sales between November 1996 and May 2014 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 April 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 13 TOWBURY CLOSE be worth now?

13 TOWBURY CLOSE might now be worth an estimated £376,182.

This is based on house price inflation of 56.7%, between May 2014 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 56.7% inflationary increase is applied to the most recent sale price for 13 TOWBURY CLOSE of £240,000 on 29th May 2014. For the value to have increased from £240,000 to £376,182 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 13 TOWBURY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 13 TOWBURY CLOSE has not materially changed since May 2014.

How Large is 13 TOWBURY CLOSE?

13 TOWBURY CLOSE is 109m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% 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 13 TOWBURY CLOSE lies on this distribution: 47% of detached houses houses are smaller than 13 TOWBURY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Redditch.

13 TOWBURY CLOSE: Plot and Title Map

13 TOWBURY CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 13 TOWBURY 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 13 TOWBURY 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 13 TOWBURY CLOSE?

13 TOWBURY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 13 on TOWBURY CLOSE.