8, COLERIDGE CLOSE, REDDITCH, B97 5BT - £297,500

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 COLERIDGE CLOSE is a large extended semi-detached house of 134m², built sometime between 1950 and 1966, which could now be worth an estimated £329,345. It was last sold for £297,500 in August 2021, which was around 35% above the average August 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

8 COLERIDGE CLOSE Sold Prices

Land registry data shows four sales for 8 COLERIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. All of the four 8 COLERIDGE 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 6 AUG	£297,500	£220,588	35% above HPI
2007 2 NOV	£190,000	£151,967	25% above HPI
2005 21 OCT	£175,000	£141,778	23% above HPI
1996 20 DEC	£67,000	£50,626	32% above HPI

8 COLERIDGE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The four 8 COLERIDGE CLOSE sales between December 1996 and August 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 November 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 8 COLERIDGE CLOSE be worth now?

8 COLERIDGE CLOSE might now be worth an estimated £329,345.

This is based on house price inflation of 10.7%, between August 2021 and February 2025, for semi-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 10.7% inflationary increase is applied to the most recent sale price for 8 COLERIDGE CLOSE of £297,500 on 6th August 2021. For the value to have increased from £297,500 to £329,345 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 8 COLERIDGE CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 2021 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 8 COLERIDGE CLOSE has not materially changed since August 2021.

How Large is 8 COLERIDGE CLOSE?

8 COLERIDGE CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 8 COLERIDGE CLOSE lies on this distribution: 77% of semi-detached houses houses are smaller than 8 COLERIDGE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 COLERIDGE CLOSE: Plot and Title Map

8 COLERIDGE CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 8 COLERIDGE 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 COLERIDGE 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 COLERIDGE CLOSE?

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