45, FLAXLEY CLOSE, REDDITCH, B98 0QS - £180,000

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.

45 FLAXLEY CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £306,662. It was last sold for £180,000 in March 2011, which was around 19% below the average March 2011 detached price in the Redditch local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

45 FLAXLEY CLOSE Sold Prices

Land registry data shows three sales for 45 FLAXLEY 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 45 FLAXLEY 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
2011 4 MAR	£180,000	£223,498	19% below HPI
2007 16 AUG	£207,500	£242,254	14% below HPI
2003 12 SEP	£167,000	£192,617	13% below HPI

45 FLAXLEY 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 45 FLAXLEY CLOSE sales between September 2003 and March 2011 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2011 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 45 FLAXLEY CLOSE be worth now?

45 FLAXLEY CLOSE might now be worth an estimated £306,662.

This is based on house price inflation of 70.4%, between March 2011 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 70.4% inflationary increase is applied to the most recent sale price for 45 FLAXLEY CLOSE of £180,000 on 4th March 2011. For the value to have increased from £180,000 to £306,662 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 45 FLAXLEY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2011 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 45 FLAXLEY CLOSE has not materially changed since March 2011.

How Large is 45 FLAXLEY CLOSE?

45 FLAXLEY CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% 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 45 FLAXLEY CLOSE lies on this distribution: 45% of detached houses houses are smaller than 45 FLAXLEY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Redditch.

45 FLAXLEY CLOSE: Plot and Title Map

45 FLAXLEY CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 45 FLAXLEY 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 45 FLAXLEY 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 45 FLAXLEY CLOSE?

45 FLAXLEY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 45 on FLAXLEY CLOSE.