2, CHESTNUT ROAD, ASTWOOD BANK, REDDITCH, B96 6AF - £469,000

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.

2 CHESTNUT ROAD is a midsized extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £450,480. It was last sold for £469,000 in September 2024, which was around 18% above the average September 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 B.

2 CHESTNUT ROAD Sold Prices

Land registry data shows three sales for 2 CHESTNUT ROAD 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. Two of the three 2 CHESTNUT ROAD sales were for above the average price, whilst one 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
2024 27 SEP	£469,000	£396,422	18% above HPI
2018 20 APR	£370,000	£306,094	21% above HPI
2013 17 DEC	£220,000	£238,580	8% below HPI

2 CHESTNUT ROAD 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 2 CHESTNUT ROAD sales between December 2013 and September 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 April 2018 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 CHESTNUT ROAD be worth now?

2 CHESTNUT ROAD might now be worth an estimated £450,480.

This is based on house price deflation of 3.9%, between September 2024 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 3.9% deflationary decrease is applied to the most recent sale price for 2 CHESTNUT ROAD of £469,000 on 27th September 2024. For the value to have decreased from £469,000 to £450,480 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT ROAD has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2024 sale price of £469,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT ROAD has not materially changed since September 2024.

How Large is 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Astwood Bank, and where 2 CHESTNUT ROAD lies on this distribution: 42% of detached houses houses are smaller than 2 CHESTNUT ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

2 CHESTNUT ROAD: Plot and Title Map

2 CHESTNUT ROAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 CHESTNUT ROAD, 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 2 CHESTNUT ROAD). 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 2 CHESTNUT ROAD?

2 CHESTNUT ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 2 on CHESTNUT ROAD.