24, CHELMARSH CLOSE, REDDITCH, B98 8SQ - £226,000

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.

24 CHELMARSH CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £397,599. It was last sold for £226,000 in September 2004, which was around 4% above the average September 2004 detached price in the Redditch local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

24 CHELMARSH CLOSE Sold Prices

Land registry data shows two sales for 24 CHELMARSH 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. One of the two 24 CHELMARSH CLOSE sales was for above the average price, whilst the other 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
2004 21 SEP	£226,000	£216,433	4% above HPI
2000 5 APR	£110,000	£112,075	2% below HPI

24 CHELMARSH 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 24 CHELMARSH CLOSE sales from April 2000 and September 2004 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2004 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 24 CHELMARSH CLOSE be worth now?

24 CHELMARSH CLOSE might now be worth an estimated £397,599.

This is based on house price inflation of 75.9%, between September 2004 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 75.9% inflationary increase is applied to the most recent sale price for 24 CHELMARSH CLOSE of £226,000 on 21st September 2004. For the value to have increased from £226,000 to £397,599 over the 21 years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 CHELMARSH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2004 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHELMARSH CLOSE has not materially changed since September 2004.

How Large is 24 CHELMARSH CLOSE?

24 CHELMARSH CLOSE is 115m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 24 CHELMARSH CLOSE lies on this distribution: 55% of detached houses houses are smaller than 24 CHELMARSH CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Redditch.

24 CHELMARSH CLOSE: Plot and Title Map

24 CHELMARSH CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 24 CHELMARSH 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 24 CHELMARSH 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 24 CHELMARSH CLOSE?

24 CHELMARSH CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 24 on CHELMARSH CLOSE.