4, MOORCROFT CLOSE, REDDITCH, B97 5WB - £325,000

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

4 MOORCROFT CLOSE is a large detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £421,643. It was last sold for £325,000 in June 2017, which was around 9% above the average June 2017 detached price in the Redditch local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

4 MOORCROFT CLOSE Sold Prices

Land registry data shows three sales for 4 MOORCROFT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 4 MOORCROFT 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
2017 27 JUN	£325,000	£298,152	9% above HPI
2013 25 JUL	£250,000	£227,340	10% above HPI
1996 13 DEC	£116,000	£85,528	36% above HPI

4 MOORCROFT 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 three 4 MOORCROFT CLOSE sales between December 1996 and June 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 July 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 4 MOORCROFT CLOSE be worth now?

4 MOORCROFT CLOSE might now be worth an estimated £421,643.

This is based on house price inflation of 29.7%, between June 2017 and December 2024, 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 29.7% inflationary increase is applied to the most recent sale price for 4 MOORCROFT CLOSE of £325,000 on 27th June 2017. For the value to have increased from £325,000 to £421,643 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 4 MOORCROFT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MOORCROFT CLOSE has not materially changed since June 2017.

How Large is 4 MOORCROFT CLOSE?

4 MOORCROFT CLOSE is 126m² according to the EPC inspection conducted in March 2012. This puts it in the largest 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 4 MOORCROFT CLOSE lies on this distribution: 69% of detached houses houses are smaller than 4 MOORCROFT CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 MOORCROFT CLOSE: Plot and Title Map

4 MOORCROFT CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 4 MOORCROFT 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 4 MOORCROFT 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 4 MOORCROFT CLOSE?

4 MOORCROFT CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 4 on MOORCROFT CLOSE.