7, JAYS CLOSE, REDDITCH, B98 0SF - £239,950

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.

7 JAYS CLOSE is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £308,448. It was last sold for £239,950 in March 2017, which was around 19% below the average March 2017 detached price in the Redditch local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

7 JAYS CLOSE Sold Prices

Land registry data shows three sales for 7 JAYS 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 7 JAYS 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
2017 24 MAR	£239,950	£296,210	19% below HPI
2007 16 FEB	£194,000	£235,806	18% below HPI
1996 19 JUL	£74,500	£84,536	12% below HPI

7 JAYS 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 7 JAYS CLOSE sales between July 1996 and March 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 February 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 7 JAYS CLOSE be worth now?

7 JAYS CLOSE might now be worth an estimated £308,448.

This is based on house price inflation of 28.5%, between March 2017 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 28.5% inflationary increase is applied to the most recent sale price for 7 JAYS CLOSE of £239,950 on 24th March 2017. For the value to have increased from £239,950 to £308,448 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 7 JAYS CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2017 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 7 JAYS CLOSE has not materially changed since March 2017.

How Large is 7 JAYS CLOSE?

7 JAYS CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 7 JAYS CLOSE lies on this distribution: 11% of detached houses houses are smaller than 7 JAYS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 JAYS CLOSE: Plot and Title Map

7 JAYS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 7 JAYS 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 7 JAYS 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 7 JAYS CLOSE?

7 JAYS CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 7 on JAYS CLOSE.