37, CROFT CLOSE, REDDITCH, B98 0JT - £226,000

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.

37 CROFT CLOSE is a very small semi-detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £247,770. It was last sold for £226,000 in September 2021, which was around 1% above the average September 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

37 CROFT CLOSE Sold Prices

Land registry data shows three sales for 37 CROFT 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. All of the three 37 CROFT 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
2021 29 SEP	£226,000	£222,744	1% above HPI
2004 20 AUG	£139,750	£131,089	7% above HPI
1999 28 MAY	£64,000	£59,726	7% above HPI

37 CROFT 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 37 CROFT CLOSE sales between May 1999 and September 2021 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 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 37 CROFT CLOSE be worth now?

37 CROFT CLOSE might now be worth an estimated £247,770.

This is based on house price inflation of 9.6%, between September 2021 and February 2025, 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 9.6% inflationary increase is applied to the most recent sale price for 37 CROFT CLOSE of £226,000 on 29th September 2021. For the value to have increased from £226,000 to £247,770 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 37 CROFT CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2021 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 37 CROFT CLOSE has not materially changed since September 2021.

How Large is 37 CROFT CLOSE?

37 CROFT CLOSE is 75m² according to the EPC inspection conducted in April 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 37 CROFT CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 37 CROFT CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

37 CROFT CLOSE: Plot and Title Map

37 CROFT CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 37 CROFT 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 37 CROFT 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 37 CROFT CLOSE?

37 CROFT CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 37 on CROFT CLOSE.