16, GISBURN CLOSE, REDDITCH, B97 6TH - £303,000

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 GISBURN CLOSE is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £301,026. It was last sold for £303,000 in April 2023, which was around 21% above the average April 2023 semi-detached price in the Redditch local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

16 GISBURN CLOSE Sold Prices

Land registry data shows two sales for 16 GISBURN 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. Both of the two 16 GISBURN 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
2023 24 APR	£303,000	£250,052	21% above HPI
1999 25 JUN	£93,950	£60,566	55% above HPI

16 GISBURN 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 GISBURN CLOSE sales from June 1999 and April 2023 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 June 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the April 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 16 GISBURN CLOSE be worth now?

16 GISBURN CLOSE might now be worth an estimated £301,026.

This is based on house price deflation of 0.7%, between April 2023 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 0.7% deflationary decrease is applied to the most recent sale price for 16 GISBURN CLOSE of £303,000 on 24th April 2023. For the value to have decreased from £303,000 to £301,026 over the four months to December 2024, the following assumptions must hold true:

• The value of 16 GISBURN CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The April 2023 sale price of £303,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GISBURN CLOSE has not materially changed since April 2023.

How Large is 16 GISBURN CLOSE?

16 GISBURN CLOSE is 82m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% 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 GISBURN CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 16 GISBURN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 GISBURN CLOSE: Plot and Title Map

16 GISBURN CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 16 GISBURN 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 GISBURN 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 GISBURN CLOSE?

16 GISBURN CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 16 on GISBURN CLOSE.