8, CLARENDON CLOSE, REDDITCH, B97 6ST - £240,000

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 CLARENDON CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £281,157. It was last sold for £240,000 in September 2019, which was around 26% below the average September 2019 detached price in the Redditch local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

8 CLARENDON CLOSE Sold Prices

Land registry data shows seven sales for 8 CLARENDON CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the seven 8 CLARENDON 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 19 SEP	£240,000	£325,029	26% below HPI
2013 11 JAN	£177,500	£229,458	23% below HPI
2008 11 APR	£177,000	£238,575	26% below HPI
2006 28 APR	£172,500	£225,379	23% below HPI
2003 31 OCT	£156,000	£194,001	20% below HPI
2002 5 APR	£121,000	£148,430	18% below HPI
1998 25 SEP	£81,500	£99,918	18% below HPI

8 CLARENDON 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 seven 8 CLARENDON CLOSE sales between September 1998 and September 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 January 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 CLARENDON CLOSE be worth now?

8 CLARENDON CLOSE might now be worth an estimated £281,157.

This is based on house price inflation of 17.1%, between September 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 17.1% inflationary increase is applied to the most recent sale price for 8 CLARENDON CLOSE of £240,000 on 19th September 2019. For the value to have increased from £240,000 to £281,157 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 CLARENDON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CLARENDON CLOSE has not materially changed since September 2019.

How Large is 8 CLARENDON CLOSE?

8 CLARENDON CLOSE is 72m² according to the EPC inspection conducted in April 2019. 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 8 CLARENDON CLOSE lies on this distribution: 7% of detached houses houses are smaller than 8 CLARENDON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 CLARENDON CLOSE: Plot and Title Map

8 CLARENDON CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 8 CLARENDON 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 CLARENDON 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 CLARENDON CLOSE?

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