3, CAYNHAM CLOSE, REDDITCH, B98 0JF - £245,000

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

3 CAYNHAM CLOSE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £254,052. It was last sold for £245,000 in May 2022, which was around 2% above the average May 2022 semi-detached price in the Redditch local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 CAYNHAM CLOSE Sold Prices

Land registry data shows three sales for 3 CAYNHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Two of the three 3 CAYNHAM CLOSE sales were for above the average price, whilst one 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
2022 31 MAY	£245,000	£239,572	2% above HPI
2006 30 JUN	£140,000	£144,944	3% below HPI
1997 1 JUL	£58,000	£53,493	8% above HPI

3 CAYNHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The three 3 CAYNHAM CLOSE sales between July 1997 and May 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 June 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 3 CAYNHAM CLOSE be worth now?

3 CAYNHAM CLOSE might now be worth an estimated £254,052.

This is based on house price inflation of 3.7%, between May 2022 and December 2024, for semi-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 3.7% inflationary increase is applied to the most recent sale price for 3 CAYNHAM CLOSE of £245,000 on 31st May 2022. For the value to have increased from £245,000 to £254,052 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 3 CAYNHAM CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The May 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CAYNHAM CLOSE has not materially changed since May 2022.

How Large is 3 CAYNHAM CLOSE?

3 CAYNHAM CLOSE is 70m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 3 CAYNHAM CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 3 CAYNHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 CAYNHAM CLOSE: Plot and Title Map

3 CAYNHAM CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 3 CAYNHAM 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 3 CAYNHAM 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 3 CAYNHAM CLOSE?

3 CAYNHAM CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 3 on CAYNHAM CLOSE.