14, ELMHURST CLOSE, REDDITCH, B97 5XU - £315,000

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

14 ELMHURST CLOSE is a very large extended detached house of 174m², built sometime between 1983 and 1990. It was last sold for £315,000 in January 2013, which was around 37% above the average January 2013 detached price in the Redditch local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

14 ELMHURST CLOSE Sold Prices

Land registry data shows two sales for 14 ELMHURST 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 ELMHURST 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
2013 21 JAN	£315,000	£229,458	37% above HPI
1999 26 MAY	£167,500	£102,149	64% above HPI

14 ELMHURST 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 ELMHURST CLOSE sales from May 1999 and January 2013 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 1999 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2013 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 14 ELMHURST CLOSE be worth now?

14 ELMHURST CLOSE might now be worth an estimated £531,014.

This is based on house price inflation of 68.6%, between January 2013 and December 2024, 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 68.6% inflationary increase is applied to the most recent sale price for 14 ELMHURST CLOSE of £315,000 on 21st January 2013. For the value to have increased from £315,000 to £531,014 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of 14 ELMHURST CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ELMHURST CLOSE has not materially changed since January 2013.

How Large is 14 ELMHURST CLOSE?

14 ELMHURST CLOSE is 174m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 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 14 ELMHURST CLOSE lies on this distribution: 94% of detached houses houses are smaller than 14 ELMHURST CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 ELMHURST CLOSE: Plot and Title Map

14 ELMHURST CLOSE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 14 ELMHURST 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 ELMHURST 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 ELMHURST CLOSE?

14 ELMHURST CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 14 on ELMHURST CLOSE.