27, CHANDLERS CLOSE, REDDITCH, B97 5HU - £205,000

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

27 CHANDLERS CLOSE is a small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £205,000 in May 2010, which was around 9% below the average May 2010 detached price in the Redditch local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

27 CHANDLERS CLOSE Sold Prices

Land registry data shows four sales for 27 CHANDLERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 27 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
2010 28 MAY	£205,000	£224,249	9% below HPI
2004 19 MAR	£184,950	£206,321	10% below HPI
2002 2 AUG	£145,000	£159,533	9% below HPI
1999 26 MAR	£92,000	£98,656	7% below HPI

27 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 four 27 CHANDLERS CLOSE sales between March 1999 and May 2010 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 March 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 27 CHANDLERS CLOSE be worth now?

27 CHANDLERS CLOSE might now be worth an estimated £353,608.

This is based on house price inflation of 72.5%, between May 2010 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 72.5% inflationary increase is applied to the most recent sale price for 27 CHANDLERS CLOSE of £205,000 on 28th May 2010. For the value to have increased from £205,000 to £353,608 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of 27 CHANDLERS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2010 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 27 CHANDLERS CLOSE has not materially changed since May 2010.

How Large is 27 CHANDLERS CLOSE?

27 CHANDLERS CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% 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 27 CHANDLERS CLOSE lies on this distribution: 39% of detached houses houses are smaller than 27 CHANDLERS CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Redditch.

27 CHANDLERS CLOSE: Plot and Title Map

27 CHANDLERS CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 27 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 27 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 27 CHANDLERS CLOSE?

27 CHANDLERS CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 27 on CHANDLERS CLOSE.