22, CHANDLERS CLOSE, REDDITCH, B97 5HU - £360,000

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

22 CHANDLERS CLOSE is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £360,000 in February 2022, which was around 3% below the average February 2022 detached price in the Redditch local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

22 CHANDLERS CLOSE Sold Prices

Land registry data shows six sales for 22 CHANDLERS 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. Most of the six 22 CHANDLERS 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
2022 4 FEB	£360,000	£372,554	3% below HPI
2014 10 JAN	£225,000	£236,199	5% below HPI
2006 25 AUG	£245,000	£230,012	7% above HPI
1998 21 SEP	£81,950	£99,918	18% below HPI
1997 27 MAR	£72,000	£89,200	19% below HPI
1997 14 FEB	£75,000	£88,438	15% below HPI

22 CHANDLERS 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 22 CHANDLERS CLOSE sales between February 1997 and February 2022 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 January 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 22 CHANDLERS CLOSE be worth now?

22 CHANDLERS CLOSE might now be worth an estimated £373,777.

This is based on house price inflation of 3.8%, between February 2022 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 3.8% inflationary increase is applied to the most recent sale price for 22 CHANDLERS CLOSE of £360,000 on 4th February 2022. For the value to have increased from £360,000 to £373,777 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 22 CHANDLERS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2022 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHANDLERS CLOSE has not materially changed since February 2022.

How Large is 22 CHANDLERS CLOSE?

22 CHANDLERS CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 22 CHANDLERS CLOSE lies on this distribution: 49% of detached houses houses are smaller than 22 CHANDLERS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 CHANDLERS CLOSE: Plot and Title Map

22 CHANDLERS CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 22 CHANDLERS 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 22 CHANDLERS 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 22 CHANDLERS CLOSE?

22 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 22 on CHANDLERS CLOSE.