8, CHURCH DOWN CLOSE, REDDITCH, B97 5ND - £408,000

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.

8 CHURCH DOWN CLOSE is a very large extended detached house of 168m², built sometime between 1983 and 1990, which could now be worth an estimated £445,049. It was last sold for £408,000 in June 2021, which was around 17% above the average June 2021 detached price in the Redditch local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

8 CHURCH DOWN CLOSE Sold Prices

Land registry data shows four sales for 8 CHURCH DOWN 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 8 CHURCH DOWN 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 29 JUN	£408,000	£349,070	17% above HPI
2017 21 APR	£342,000	£297,138	15% above HPI
2005 14 APR	£230,000	£219,131	5% above HPI
1995 7 SEP	£92,500	£84,397	10% above HPI

8 CHURCH DOWN 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 8 CHURCH DOWN CLOSE sales between September 1995 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 April 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 8 CHURCH DOWN CLOSE be worth now?

8 CHURCH DOWN CLOSE might now be worth an estimated £445,049.

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 8 CHURCH DOWN CLOSE of £408,000 on 29th June 2021. For the value to have increased from £408,000 to £445,049 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 CHURCH DOWN CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2021 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHURCH DOWN CLOSE has not materially changed since June 2021.

How Large is 8 CHURCH DOWN CLOSE?

8 CHURCH DOWN CLOSE is 168m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 8 CHURCH DOWN CLOSE lies on this distribution: 92% of detached houses houses are smaller than 8 CHURCH DOWN CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 CHURCH DOWN CLOSE: Plot and Title Map

8 CHURCH DOWN CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 8 CHURCH DOWN 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 CHURCH DOWN 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 CHURCH DOWN CLOSE?

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