5, PLUMSTEAD CLOSE, REDDITCH, B97 6GY - £415,000

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.

5 PLUMSTEAD CLOSE is a very large extended detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £452,685. It was last sold for £415,000 in June 2021, which was around 19% above the average June 2021 detached price in the Redditch local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

5 PLUMSTEAD CLOSE Sold Prices

Land registry data shows two sales for 5 PLUMSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 5 PLUMSTEAD 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
2021 17 JUN	£415,000	£349,070	19% above HPI
2005 27 MAY	£304,995	£222,365	37% above HPI

5 PLUMSTEAD 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 two 5 PLUMSTEAD CLOSE sales from May 2005 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 May 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 PLUMSTEAD CLOSE be worth now?

5 PLUMSTEAD CLOSE might now be worth an estimated £452,685.

This is based on house price inflation of 9.1%, between June 2021 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 9.1% inflationary increase is applied to the most recent sale price for 5 PLUMSTEAD CLOSE of £415,000 on 17th June 2021. For the value to have increased from £415,000 to £452,685 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 PLUMSTEAD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PLUMSTEAD CLOSE has not materially changed since June 2021.

How Large is 5 PLUMSTEAD CLOSE?

5 PLUMSTEAD CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% 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 5 PLUMSTEAD CLOSE lies on this distribution: 84% of detached houses houses are smaller than 5 PLUMSTEAD CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 PLUMSTEAD CLOSE: Plot and Title Map

5 PLUMSTEAD CLOSE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 5 PLUMSTEAD 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 PLUMSTEAD 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 PLUMSTEAD CLOSE?

5 PLUMSTEAD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on PLUMSTEAD CLOSE.