7, STABLEFORD CLOSE, REDDITCH, B97 5HS - £275,000

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.

7 STABLEFORD CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £323,136. It was last sold for £275,000 in November 2019, which was around 16% below the average November 2019 detached price in the Redditch local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

7 STABLEFORD CLOSE Sold Prices

Land registry data shows four sales for 7 STABLEFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 7 STABLEFORD 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
2019 22 NOV	£275,000	£326,214	16% below HPI
2015 3 DEC	£218,500	£267,264	18% below HPI
2013 25 JAN	£158,500	£229,458	31% below HPI
2001 27 SEP	£118,000	£140,574	16% below HPI

7 STABLEFORD 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 four 7 STABLEFORD CLOSE sales between September 2001 and November 2019 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 December 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 STABLEFORD CLOSE be worth now?

7 STABLEFORD CLOSE might now be worth an estimated £323,136.

This is based on house price inflation of 17.5%, between November 2019 and March 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 17.5% inflationary increase is applied to the most recent sale price for 7 STABLEFORD CLOSE of £275,000 on 22nd November 2019. For the value to have increased from £275,000 to £323,136 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 7 STABLEFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2019 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STABLEFORD CLOSE has not materially changed since November 2019.

How Large is 7 STABLEFORD CLOSE?

7 STABLEFORD CLOSE is 63m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 STABLEFORD CLOSE lies on this distribution: 2% of detached houses houses are smaller than 7 STABLEFORD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 STABLEFORD CLOSE: Plot and Title Map

7 STABLEFORD CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 STABLEFORD 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 STABLEFORD 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 STABLEFORD CLOSE?

7 STABLEFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on STABLEFORD CLOSE.