16, CHERINGTON CLOSE, REDDITCH, B98 0BB - £225,000

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

16 CHERINGTON CLOSE is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £288,457. It was last sold for £225,000 in August 2018, which was around 16% above the average August 2018 semi-detached price in the Redditch local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

16 CHERINGTON CLOSE Sold Prices

Land registry data shows two sales for 16 CHERINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. One of the two 16 CHERINGTON CLOSE sales was for above the average price, whilst the other was 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
2018 9 AUG	£225,000	£193,773	16% above HPI
2009 9 SEP	£90,000	£129,589	31% below HPI

16 CHERINGTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The two 16 CHERINGTON CLOSE sales from September 2009 and August 2018 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 September 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2018 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 CHERINGTON CLOSE be worth now?

16 CHERINGTON CLOSE might now be worth an estimated £288,457.

This is based on house price inflation of 28.2%, between August 2018 and December 2024, for semi-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 28.2% inflationary increase is applied to the most recent sale price for 16 CHERINGTON CLOSE of £225,000 on 9th August 2018. For the value to have increased from £225,000 to £288,457 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 CHERINGTON CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHERINGTON CLOSE has not materially changed since August 2018.

How Large is 16 CHERINGTON CLOSE?

16 CHERINGTON CLOSE is 76m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 16 CHERINGTON CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 16 CHERINGTON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 CHERINGTON CLOSE: Plot and Title Map

16 CHERINGTON CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 16 CHERINGTON 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 16 CHERINGTON 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 16 CHERINGTON CLOSE?

16 CHERINGTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 16 on CHERINGTON CLOSE.