7, VALLEY CLOSE, CALLOW HILL, REDDITCH, B97 5YY - £350,000

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 VALLEY CLOSE is a very small detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £412,965. It was last sold for £350,000 in April 2019, which was around 8% above the average April 2019 detached price in the Redditch local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

7 VALLEY CLOSE Sold Prices

Land registry data shows three sales for 7 VALLEY 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 VALLEY 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
2019 26 APR	£350,000	£322,712	8% above HPI
2014 19 NOV	£290,000	£247,616	17% above HPI
2011 30 SEP	£236,500	£222,945	6% above HPI

7 VALLEY 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 VALLEY CLOSE sales between September 2011 and April 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 November 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 VALLEY CLOSE be worth now?

7 VALLEY CLOSE might now be worth an estimated £412,965.

This is based on house price inflation of 18%, between April 2019 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 18% inflationary increase is applied to the most recent sale price for 7 VALLEY CLOSE of £350,000 on 26th April 2019. For the value to have increased from £350,000 to £412,965 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 7 VALLEY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VALLEY CLOSE has not materially changed since April 2019.

How Large is 7 VALLEY CLOSE?

7 VALLEY CLOSE is 82m² according to the EPC inspection conducted in February 2011. 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 VALLEY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 7 VALLEY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 VALLEY CLOSE: Plot and Title Map

7 VALLEY CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 7 VALLEY 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 VALLEY 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 VALLEY CLOSE?

7 VALLEY CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 7 on VALLEY CLOSE.