23, CHANDLERS CLOSE, REDDITCH, B97 5HU - £218,000

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

23 CHANDLERS CLOSE is a small detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £340,192. It was last sold for £218,000 in January 2015, which was around 12% below the average January 2015 detached price in the Redditch local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

23 CHANDLERS CLOSE Sold Prices

Land registry data shows two sales for 23 CHANDLERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 23 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
2015 9 JAN	£218,000	£247,874	12% below HPI
1999 16 JUL	£90,500	£104,356	13% below HPI

23 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 two 23 CHANDLERS CLOSE sales from July 1999 and January 2015 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 July 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 23 CHANDLERS CLOSE be worth now?

23 CHANDLERS CLOSE might now be worth an estimated £340,192.

This is based on house price inflation of 56.1%, between January 2015 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 56.1% inflationary increase is applied to the most recent sale price for 23 CHANDLERS CLOSE of £218,000 on 9th January 2015. For the value to have increased from £218,000 to £340,192 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 23 CHANDLERS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2015 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHANDLERS CLOSE has not materially changed since January 2015.

How Large is 23 CHANDLERS CLOSE?

23 CHANDLERS CLOSE is 93m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% 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 23 CHANDLERS CLOSE lies on this distribution: 27% of detached houses houses are smaller than 23 CHANDLERS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redditch.

23 CHANDLERS CLOSE: Plot and Title Map

23 CHANDLERS CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 23 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 23 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 23 CHANDLERS CLOSE?

23 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 23 on CHANDLERS CLOSE.