5, CROFT CLOSE, REDDITCH, B98 0JT - £152,200

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.

5 CROFT CLOSE is a small semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £247,152. It was last sold for £152,200 in May 2014, which was around 1% above the average May 2014 semi-detached price in the Redditch local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

5 CROFT CLOSE Sold Prices

Land registry data shows three sales for 5 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 5 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
2014 22 MAY	£152,200	£150,382	1% above HPI
2010 21 MAY	£143,000	£136,886	4% above HPI
2002 12 JUL	£102,000	£88,457	15% above HPI

5 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 5 CROFT CLOSE sales between July 2002 and May 2014 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 May 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 CROFT CLOSE be worth now?

5 CROFT CLOSE might now be worth an estimated £247,152.

This is based on house price inflation of 62.4%, between May 2014 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 62.4% inflationary increase is applied to the most recent sale price for 5 CROFT CLOSE of £152,200 on 22nd May 2014. For the value to have increased from £152,200 to £247,152 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 5 CROFT CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The May 2014 sale price of £152,200 represented a fair market value for the property.
• The size, condition, and specification of 5 CROFT CLOSE has not materially changed since May 2014.

How Large is 5 CROFT CLOSE?

5 CROFT CLOSE is 91m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% 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 5 CROFT CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 5 CROFT CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 CROFT CLOSE: Plot and Title Map

5 CROFT CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 5 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 5 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 5 CROFT CLOSE?

5 CROFT CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 5 on CROFT CLOSE.