2, TORRS CLOSE, REDDITCH, B97 4JR - £530,000

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

2 TORRS CLOSE is a very large extended detached house of 206m², built sometime between 1983 and 1990. It was last sold for £530,000 in January 2018, which was around 71% above the average January 2018 detached price in the Redditch local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 TORRS CLOSE Sold Prices

Land registry data shows six sales for 2 TORRS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the six 2 TORRS 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
2018 18 JAN	£530,000	£310,400	71% above HPI
2016 30 JUN	£354,000	£280,390	26% above HPI
2014 22 AUG	£340,000	£246,716	38% above HPI
2011 8 APR	£340,000	£221,409	54% above HPI
2007 11 DEC	£340,000	£245,893	38% above HPI
1996 14 MAR	£150,000	£87,725	71% above HPI

2 TORRS 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 six 2 TORRS CLOSE sales between March 1996 and January 2018 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 2016 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2018 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 2 TORRS CLOSE be worth now?

2 TORRS CLOSE might now be worth an estimated £660,470.

This is based on house price inflation of 24.6%, between January 2018 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 24.6% inflationary increase is applied to the most recent sale price for 2 TORRS CLOSE of £530,000 on 18th January 2018. For the value to have increased from £530,000 to £660,470 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 2 TORRS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2018 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TORRS CLOSE has not materially changed since January 2018.

How Large is 2 TORRS CLOSE?

2 TORRS CLOSE is 206m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% 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 2 TORRS CLOSE lies on this distribution: 98% of detached houses houses are smaller than 2 TORRS CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 TORRS CLOSE: Plot and Title Map

2 TORRS CLOSE sits on a plot of roughly 0.207 of an acre, or 837m². The below map shows the location of 2 TORRS 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 TORRS 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 TORRS CLOSE?

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