16, MOORCROFT CLOSE, REDDITCH, B97 5WB - £370,000

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 MOORCROFT CLOSE is a large detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £356,712. It was last sold for £370,000 in October 2024, which was around 8% below the average October 2024 detached price in the Redditch local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

16 MOORCROFT CLOSE Sold Prices

Land registry data shows four sales for 16 MOORCROFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the four 16 MOORCROFT 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
2024 18 OCT	£370,000	£401,220	8% below HPI
2003 4 JUL	£205,000	£191,941	7% above HPI
2001 31 JAN	£139,950	£125,647	11% above HPI
1995 21 DEC	£88,500	£85,237	4% above HPI

16 MOORCROFT 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 four 16 MOORCROFT CLOSE sales between December 1995 and October 2024 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 July 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 MOORCROFT CLOSE be worth now?

16 MOORCROFT CLOSE might now be worth an estimated £356,712.

This is based on house price deflation of 3.6%, between October 2024 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 3.6% deflationary decrease is applied to the most recent sale price for 16 MOORCROFT CLOSE of £370,000 on 18th October 2024. For the value to have decreased from £370,000 to £356,712 over the ten months to December 2024, the following assumptions must hold true:

• The value of 16 MOORCROFT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MOORCROFT CLOSE has not materially changed since October 2024.

How Large is 16 MOORCROFT CLOSE?

16 MOORCROFT CLOSE is 120m² according to the EPC inspection conducted in March 2024. This puts it in the largest 40% 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 16 MOORCROFT CLOSE lies on this distribution: 61% of detached houses houses are smaller than 16 MOORCROFT CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 MOORCROFT CLOSE: Plot and Title Map

16 MOORCROFT CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 16 MOORCROFT 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 MOORCROFT 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 MOORCROFT CLOSE?

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