38, SPRING VALE ROAD, REDDITCH, B97 5RW - £275,000

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

38 SPRING VALE ROAD is a midsized extended semi-detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £314,552. It was last sold for £275,000 in June 2021, which was around 27% above the average June 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

38 SPRING VALE ROAD Sold Prices

Land registry data shows four sales for 38 SPRING VALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the four 38 SPRING VALE ROAD 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 3 JUN	£275,000	£217,186	27% above HPI
2010 12 NOV	£179,000	£139,400	28% above HPI
2004 27 SEP	£172,000	£133,335	29% above HPI
1995 17 FEB	£53,950	£50,573	7% above HPI

38 SPRING VALE ROAD 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 four 38 SPRING VALE ROAD sales between February 1995 and June 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 November 2010 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 38 SPRING VALE ROAD be worth now?

38 SPRING VALE ROAD might now be worth an estimated £314,552.

This is based on house price inflation of 14.4%, between June 2021 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 14.4% inflationary increase is applied to the most recent sale price for 38 SPRING VALE ROAD of £275,000 on 3rd June 2021. For the value to have increased from £275,000 to £314,552 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 38 SPRING VALE ROAD has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The June 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SPRING VALE ROAD has not materially changed since June 2021.

How Large is 38 SPRING VALE ROAD?

38 SPRING VALE ROAD is 104m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% 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 38 SPRING VALE ROAD lies on this distribution: 41% of semi-detached houses houses are smaller than 38 SPRING VALE ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 SPRING VALE ROAD: Plot and Title Map

38 SPRING VALE ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 38 SPRING VALE ROAD, 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 38 SPRING VALE ROAD). 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 38 SPRING VALE ROAD?

38 SPRING VALE ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 38 on SPRING VALE ROAD.