3, EASTNOR CLOSE, REDDITCH, B98 7NW - £320,000

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.

3 EASTNOR CLOSE is a large detached house of 125m², built sometime between 1967 and 1975, which could now be worth an estimated £383,310. It was last sold for £320,000 in February 2019, which was around 1% above the average February 2019 detached price in the Redditch local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 EASTNOR CLOSE Sold Prices

Land registry data shows two sales for 3 EASTNOR 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 3 EASTNOR CLOSE sales 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
2019 15 FEB	£320,000	£317,878	1% above HPI
2007 16 MAR	£248,000	£236,524	5% above HPI

3 EASTNOR 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 3 EASTNOR CLOSE sales from March 2007 and February 2019 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 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 EASTNOR CLOSE be worth now?

3 EASTNOR CLOSE might now be worth an estimated £383,310.

This is based on house price inflation of 19.8%, between February 2019 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 19.8% inflationary increase is applied to the most recent sale price for 3 EASTNOR CLOSE of £320,000 on 15th February 2019. For the value to have increased from £320,000 to £383,310 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 EASTNOR CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EASTNOR CLOSE has not materially changed since February 2019.

How Large is 3 EASTNOR CLOSE?

3 EASTNOR CLOSE is 125m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 3 EASTNOR CLOSE lies on this distribution: 67% of detached houses houses are smaller than 3 EASTNOR CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 EASTNOR CLOSE: Plot and Title Map

3 EASTNOR CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 3 EASTNOR 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 EASTNOR 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 EASTNOR CLOSE?

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