3, KERSWELL CLOSE, REDDITCH, B97 6SU - £224,950

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 KERSWELL CLOSE is a small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £359,782. It was last sold for £224,950 in February 2014, which was around 6% below the average February 2014 detached price in the Redditch local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

3 KERSWELL CLOSE Sold Prices

Land registry data shows four sales for 3 KERSWELL 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. Most of the four 3 KERSWELL 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
2014 7 FEB	£224,950	£238,071	6% below HPI
2005 23 MAR	£215,000	£220,444	2% below HPI
2004 27 OCT	£209,000	£224,383	7% below HPI
1999 30 JUL	£117,950	£104,356	13% above HPI

3 KERSWELL 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 3 KERSWELL CLOSE sales between July 1999 and February 2014 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 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 KERSWELL CLOSE be worth now?

3 KERSWELL CLOSE might now be worth an estimated £359,782.

This is based on house price inflation of 59.9%, between February 2014 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 59.9% inflationary increase is applied to the most recent sale price for 3 KERSWELL CLOSE of £224,950 on 7th February 2014. For the value to have increased from £224,950 to £359,782 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 3 KERSWELL CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2014 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 3 KERSWELL CLOSE has not materially changed since February 2014.

How Large is 3 KERSWELL CLOSE?

3 KERSWELL CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in June 2012. 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 3 KERSWELL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 3 KERSWELL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 KERSWELL CLOSE: Plot and Title Map

3 KERSWELL CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 3 KERSWELL 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 KERSWELL 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 KERSWELL CLOSE?

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