38, STONELEIGH CLOSE, REDDITCH, B98 7YW - £221,000

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 STONELEIGH CLOSE is a very small extended semi-detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £242,288. It was last sold for £221,000 in September 2021, which was around 1% below the average September 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

38 STONELEIGH CLOSE Sold Prices

Land registry data shows seven sales for 38 STONELEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. The seven 38 STONELEIGH CLOSE sales were a mix of below the average price, and roughly equal to 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 10 SEP	£221,000	£222,744	1% below HPI
2019 30 APR	£198,000	£198,861	Close to HPI
2012 7 DEC	£128,500	£138,518	7% below HPI
2007 16 NOV	£149,000	£151,967	2% below HPI
2005 1 APR	£131,950	£136,028	3% below HPI
2001 21 MAR	£70,500	£72,344	3% below HPI
1996 1 NOV	£46,900	£50,777	8% below HPI

38 STONELEIGH 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 seven 38 STONELEIGH CLOSE sales between November 1996 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 April 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 38 STONELEIGH CLOSE be worth now?

38 STONELEIGH CLOSE might now be worth an estimated £242,288.

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 38 STONELEIGH CLOSE of £221,000 on 10th September 2021. For the value to have increased from £221,000 to £242,288 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 38 STONELEIGH CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2021 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 38 STONELEIGH CLOSE has not materially changed since September 2021.

How Large is 38 STONELEIGH CLOSE?

38 STONELEIGH CLOSE is 66m², which includes two extensions, according to the EPC inspection conducted in April 2022. 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 38 STONELEIGH CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 38 STONELEIGH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 STONELEIGH CLOSE: Plot and Title Map

38 STONELEIGH CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 38 STONELEIGH 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 38 STONELEIGH 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 38 STONELEIGH CLOSE?

38 STONELEIGH CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 38 on STONELEIGH CLOSE.