14, RUNCORN CLOSE, REDDITCH, B98 7PU - £251,000

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 RUNCORN CLOSE is a very small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £251,000 in March 2022, which was around 33% below the average March 2022 detached price in the Redditch local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

14 RUNCORN CLOSE Sold Prices

Land registry data shows two sales for 14 RUNCORN 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 RUNCORN 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
2022 18 MAR	£251,000	£372,528	33% below HPI
2014 8 AUG	£160,000	£246,716	35% below HPI

14 RUNCORN 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 RUNCORN CLOSE sales from August 2014 and March 2022 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 14 RUNCORN CLOSE be worth now?

14 RUNCORN CLOSE might now be worth an estimated £260,624.

This is based on house price inflation of 3.8%, between March 2022 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 3.8% inflationary increase is applied to the most recent sale price for 14 RUNCORN CLOSE of £251,000 on 18th March 2022. For the value to have increased from £251,000 to £260,624 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 14 RUNCORN CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2022 sale price of £251,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RUNCORN CLOSE has not materially changed since March 2022.

How Large is 14 RUNCORN CLOSE?

14 RUNCORN CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 RUNCORN CLOSE lies on this distribution: 9% of detached houses houses are smaller than 14 RUNCORN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 RUNCORN CLOSE: Plot and Title Map

14 RUNCORN CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 14 RUNCORN 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 RUNCORN 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 RUNCORN CLOSE?

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