17, PENNYFORD CLOSE, REDDITCH, B97 6TW - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 PENNYFORD CLOSE is a large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £382,363. It was last sold for £290,000 in October 2016, which was about the average October 2016 detached price in the Redditch local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

17 PENNYFORD CLOSE Sold Prices

Land registry data shows three sales for 17 PENNYFORD 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. The three 17 PENNYFORD CLOSE sales were a mix of roughly equal to the average price, and 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
2016 7 OCT	£290,000	£288,790	Close to HPI
2006 12 MAY	£244,500	£227,809	7% above HPI
2000 29 SEP	£152,500	£123,374	24% above HPI

17 PENNYFORD 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 17 PENNYFORD CLOSE sales between September 2000 and October 2016 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 May 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 17 PENNYFORD CLOSE be worth now?

17 PENNYFORD CLOSE might now be worth an estimated £382,363.

This is based on house price inflation of 31.8%, between October 2016 and February 2025, 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 31.8% inflationary increase is applied to the most recent sale price for 17 PENNYFORD CLOSE of £290,000 on 7th October 2016. For the value to have increased from £290,000 to £382,363 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 PENNYFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PENNYFORD CLOSE has not materially changed since October 2016.

How Large is 17 PENNYFORD CLOSE?

17 PENNYFORD CLOSE is 132m² according to the EPC inspection conducted in January 2016. 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 17 PENNYFORD CLOSE lies on this distribution: 74% of detached houses houses are smaller than 17 PENNYFORD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 PENNYFORD CLOSE: Plot and Title Map

17 PENNYFORD CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 17 PENNYFORD 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 17 PENNYFORD 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 17 PENNYFORD CLOSE?

17 PENNYFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 17 on PENNYFORD CLOSE.