8, BELMONT CLOSE, REDDITCH, B97 5AW - £321,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 BELMONT CLOSE is a very large extended detached house of 150m², built sometime between 1983 and 1990, which could now be worth an estimated £503,276. It was last sold for £321,000 in August 2014, which was around 30% above the average August 2014 detached price in the Redditch local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

8 BELMONT CLOSE Sold Prices

Land registry data shows two sales for 8 BELMONT 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 8 BELMONT 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 27 AUG	£321,000	£246,716	30% above HPI
2013 10 JUL	£282,000	£227,340	24% above HPI

8 BELMONT 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 8 BELMONT CLOSE sales from July 2013 and August 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 July 2013 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2014 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 BELMONT CLOSE be worth now?

8 BELMONT CLOSE might now be worth an estimated £503,276.

This is based on house price inflation of 56.8%, between August 2014 and December 2024, 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 56.8% inflationary increase is applied to the most recent sale price for 8 BELMONT CLOSE of £321,000 on 27th August 2014. For the value to have increased from £321,000 to £503,276 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 8 BELMONT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2014 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BELMONT CLOSE has not materially changed since August 2014.

How Large is 8 BELMONT CLOSE?

8 BELMONT CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 8 BELMONT CLOSE lies on this distribution: 87% of detached houses houses are smaller than 8 BELMONT CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 BELMONT CLOSE: Plot and Title Map

8 BELMONT CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 8 BELMONT 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 8 BELMONT 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 8 BELMONT CLOSE?

8 BELMONT CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 8 on BELMONT CLOSE.