15, ASHMORES CLOSE, REDDITCH, B97 5LP - £68,500

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

15 ASHMORES CLOSE is a very small detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £210,881. It was last sold for £68,500 in January 2001, which was around 45% below the average January 2001 detached price in the Redditch local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

15 ASHMORES CLOSE Sold Prices

Land registry data shows two sales for 15 ASHMORES 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 15 ASHMORES 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
2001 12 JAN	£68,500	£125,647	45% below HPI
1997 10 OCT	£51,000	£94,184	46% below HPI

15 ASHMORES 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 15 ASHMORES CLOSE sales from October 1997 and January 2001 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 October 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2001 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 15 ASHMORES CLOSE be worth now?

15 ASHMORES CLOSE might now be worth an estimated £210,881.

This is based on house price inflation of 207.9%, between January 2001 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 207.9% inflationary increase is applied to the most recent sale price for 15 ASHMORES CLOSE of £68,500 on 12th January 2001. For the value to have increased from £68,500 to £210,881 over the 22 years and one month to December 2024, the following assumptions must hold true:

• The value of 15 ASHMORES CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2001 sale price of £68,500 represented a fair market value for the property.
• The size, condition, and specification of 15 ASHMORES CLOSE has not materially changed since January 2001.

How Large is 15 ASHMORES CLOSE?

15 ASHMORES CLOSE is 61m² according to the EPC inspection conducted in January 2017. 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 15 ASHMORES CLOSE lies on this distribution: 2% of detached houses houses are smaller than 15 ASHMORES CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 ASHMORES CLOSE: Plot and Title Map

15 ASHMORES CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 15 ASHMORES 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 15 ASHMORES 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 15 ASHMORES CLOSE?

15 ASHMORES CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 15 on ASHMORES CLOSE.