14, CORNWELL CLOSE, REDDITCH, B98 7TG - £259,950

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.

14 CORNWELL CLOSE is a midsized extended detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £368,404. It was last sold for £259,950 in August 2015, which was around 3% below the average August 2015 detached price in the Redditch local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

14 CORNWELL CLOSE Sold Prices

Land registry data shows two sales for 14 CORNWELL 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 14 CORNWELL 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
2015 12 AUG	£259,950	£268,674	3% below HPI
2007 16 FEB	£226,500	£235,806	4% below HPI

14 CORNWELL 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 14 CORNWELL CLOSE sales from February 2007 and August 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 February 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 14 CORNWELL CLOSE be worth now?

14 CORNWELL CLOSE might now be worth an estimated £368,404.

This is based on house price inflation of 41.7%, between August 2015 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 41.7% inflationary increase is applied to the most recent sale price for 14 CORNWELL CLOSE of £259,950 on 12th August 2015. For the value to have increased from £259,950 to £368,404 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 14 CORNWELL CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2015 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 14 CORNWELL CLOSE has not materially changed since August 2015.

How Large is 14 CORNWELL CLOSE?

14 CORNWELL CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 14 CORNWELL CLOSE lies on this distribution: 40% of detached houses houses are smaller than 14 CORNWELL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 CORNWELL CLOSE: Plot and Title Map

14 CORNWELL CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 14 CORNWELL 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 14 CORNWELL 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 14 CORNWELL CLOSE?

14 CORNWELL CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 14 on CORNWELL CLOSE.