15, SUMMERHOUSE CLOSE, CALLOW HILL, REDDITCH, B97 5YF - £263,000

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

15 SUMMERHOUSE CLOSE is a large detached house of 129m², built sometime between 1983 and 1990, which could now be worth an estimated £418,553. It was last sold for £263,000 in April 2014, which was around 8% above the average April 2014 detached price in the Redditch local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

15 SUMMERHOUSE CLOSE Sold Prices

Land registry data shows three sales for 15 SUMMERHOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 15 SUMMERHOUSE 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
2014 8 APR	£263,000	£243,055	8% above HPI
2002 11 OCT	£250,000	£173,609	44% above HPI
1999 9 APR	£139,950	£101,350	38% above HPI

15 SUMMERHOUSE 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 three 15 SUMMERHOUSE CLOSE sales between April 1999 and April 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 October 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 15 SUMMERHOUSE CLOSE be worth now?

15 SUMMERHOUSE CLOSE might now be worth an estimated £418,553.

This is based on house price inflation of 59.1%, between April 2014 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 59.1% inflationary increase is applied to the most recent sale price for 15 SUMMERHOUSE CLOSE of £263,000 on 8th April 2014. For the value to have increased from £263,000 to £418,553 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 15 SUMMERHOUSE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2014 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SUMMERHOUSE CLOSE has not materially changed since April 2014.

How Large is 15 SUMMERHOUSE CLOSE?

15 SUMMERHOUSE CLOSE is 129m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% 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 SUMMERHOUSE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 15 SUMMERHOUSE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 SUMMERHOUSE CLOSE: Plot and Title Map

15 SUMMERHOUSE CLOSE sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 15 SUMMERHOUSE 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 SUMMERHOUSE 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 SUMMERHOUSE CLOSE?

15 SUMMERHOUSE CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 15 on SUMMERHOUSE CLOSE.