2, SHAKELS CLOSE, REDDITCH, B97 5UJ - £203,500

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

2 SHAKELS CLOSE is a midsized semi-detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £374,627. It was last sold for £203,500 in December 2008, which was around 53% above the average December 2008 semi-detached price in the Redditch local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

2 SHAKELS CLOSE Sold Prices

Land registry data shows two sales for 2 SHAKELS 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 2 SHAKELS 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
2008 5 DEC	£203,500	£132,651	53% above HPI
2001 21 JUN	£164,950	£74,729	121% above HPI

2 SHAKELS 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 2 SHAKELS CLOSE sales from June 2001 and December 2008 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 2001 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the December 2008 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 2 SHAKELS CLOSE be worth now?

2 SHAKELS CLOSE might now be worth an estimated £374,627.

This is based on house price inflation of 84.1%, between December 2008 and February 2025, 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 84.1% inflationary increase is applied to the most recent sale price for 2 SHAKELS CLOSE of £203,500 on 5th December 2008. For the value to have increased from £203,500 to £374,627 over the seventeen years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 SHAKELS CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The December 2008 sale price of £203,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SHAKELS CLOSE has not materially changed since December 2008.

How Large is 2 SHAKELS CLOSE?

2 SHAKELS CLOSE is 106m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% 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 2 SHAKELS CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 2 SHAKELS CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 SHAKELS CLOSE: Plot and Title Map

2 SHAKELS CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 2 SHAKELS 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 2 SHAKELS 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 2 SHAKELS CLOSE?

2 SHAKELS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 2 on SHAKELS CLOSE.