18, EPSOM CLOSE, REDDITCH, B97 5FD - £227,500

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.

18 EPSOM CLOSE is a midsized detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £374,472. It was last sold for £227,500 in March 2013, which was around 2% below the average March 2013 detached price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

18 EPSOM CLOSE Sold Prices

Land registry data shows four sales for 18 EPSOM 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 18 EPSOM CLOSE sales were 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
2013 1 MAR	£227,500	£231,325	2% below HPI
2011 15 APR	£205,000	£221,409	7% below HPI
2004 10 NOV	£220,000	£225,890	3% below HPI
1995 28 FEB	£98,950	£84,869	17% above HPI

18 EPSOM 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 18 EPSOM CLOSE sales between February 1995 and March 2013 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 April 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 18 EPSOM CLOSE be worth now?

18 EPSOM CLOSE might now be worth an estimated £374,472.

This is based on house price inflation of 64.6%, between March 2013 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 64.6% inflationary increase is applied to the most recent sale price for 18 EPSOM CLOSE of £227,500 on 1st March 2013. For the value to have increased from £227,500 to £374,472 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 18 EPSOM CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2013 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 18 EPSOM CLOSE has not materially changed since March 2013.

How Large is 18 EPSOM CLOSE?

18 EPSOM CLOSE is 116m² according to the EPC inspection conducted in January 2012. This puts it in the largest 50% 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 18 EPSOM CLOSE lies on this distribution: 57% of detached houses houses are smaller than 18 EPSOM CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 EPSOM CLOSE: Plot and Title Map

18 EPSOM CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 18 EPSOM 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 18 EPSOM 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 18 EPSOM CLOSE?

18 EPSOM CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 18 on EPSOM CLOSE.