28, ELDERSFIELD CLOSE, REDDITCH, B98 9NG - £325,000

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.

28 ELDERSFIELD CLOSE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £312,166. It was last sold for £325,000 in September 2024, which was around 18% below the average September 2024 detached price in the Redditch local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

28 ELDERSFIELD CLOSE Sold Prices

Land registry data shows three sales for 28 ELDERSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. One of the three 28 ELDERSFIELD CLOSE sales was for below the average price, whilst two 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
2024 3 SEP	£325,000	£396,422	18% below HPI
2002 16 AUG	£184,000	£159,533	15% above HPI
1999 26 OCT	£125,000	£109,922	14% above HPI

28 ELDERSFIELD 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 three 28 ELDERSFIELD CLOSE sales between October 1999 and September 2024 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 August 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 28 ELDERSFIELD CLOSE be worth now?

28 ELDERSFIELD CLOSE might now be worth an estimated £312,166.

This is based on house price deflation of 3.9%, between September 2024 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 3.9% deflationary decrease is applied to the most recent sale price for 28 ELDERSFIELD CLOSE of £325,000 on 3rd September 2024. For the value to have decreased from £325,000 to £312,166 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 28 ELDERSFIELD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 28 ELDERSFIELD CLOSE has not materially changed since September 2024.

How Large is 28 ELDERSFIELD CLOSE?

28 ELDERSFIELD CLOSE is 92m² according to the EPC inspection conducted in April 2024. 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 28 ELDERSFIELD CLOSE lies on this distribution: 26% of detached houses houses are smaller than 28 ELDERSFIELD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Redditch.

28 ELDERSFIELD CLOSE: Plot and Title Map

28 ELDERSFIELD CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 28 ELDERSFIELD 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 28 ELDERSFIELD 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 28 ELDERSFIELD CLOSE?

28 ELDERSFIELD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 28 on ELDERSFIELD CLOSE.