3, FINDON CLOSE, REDDITCH, B97 6UG - £243,000

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 FINDON CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £308,047. It was last sold for £243,000 in September 2017, which was around 19% below the average September 2017 detached price in the Redditch local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

3 FINDON CLOSE Sold Prices

Land registry data shows five sales for 3 FINDON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 3 FINDON 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
2017 27 SEP	£243,000	£300,365	19% below HPI
2010 26 NOV	£173,000	£231,323	25% below HPI
2006 22 NOV	£195,000	£237,742	18% below HPI
2004 11 MAR	£174,000	£206,321	16% below HPI
2000 15 DEC	£117,500	£125,023	6% below HPI

3 FINDON 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 five 3 FINDON CLOSE sales between December 2000 and September 2017 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 November 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 FINDON CLOSE be worth now?

3 FINDON CLOSE might now be worth an estimated £308,047.

This is based on house price inflation of 26.8%, between September 2017 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 26.8% inflationary increase is applied to the most recent sale price for 3 FINDON CLOSE of £243,000 on 27th September 2017. For the value to have increased from £243,000 to £308,047 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 FINDON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2017 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FINDON CLOSE has not materially changed since September 2017.

How Large is 3 FINDON CLOSE?

3 FINDON CLOSE is 82m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 FINDON CLOSE lies on this distribution: 14% of detached houses houses are smaller than 3 FINDON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 FINDON CLOSE: Plot and Title Map

3 FINDON CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 3 FINDON 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 FINDON 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 FINDON CLOSE?

3 FINDON CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on FINDON CLOSE.