8, HONEYCHURCH CLOSE, REDDITCH, B98 7BZ - £230,000

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 HONEYCHURCH CLOSE is a small detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £230,402. It was last sold for £230,000 in January 2024, which was around 39% below the average January 2024 detached price in the Redditch local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

8 HONEYCHURCH CLOSE Sold Prices

Land registry data shows three sales for 8 HONEYCHURCH 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 8 HONEYCHURCH 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
2024 10 JAN	£230,000	£380,104	39% below HPI
2004 16 JUL	£138,000	£207,722	34% below HPI
2002 31 MAY	£101,500	£150,034	32% below HPI

8 HONEYCHURCH 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 8 HONEYCHURCH CLOSE sales between May 2002 and January 2024 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 2004 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 8 HONEYCHURCH CLOSE be worth now?

8 HONEYCHURCH CLOSE might now be worth an estimated £230,402.

This is based on house price inflation of 0.2%, between January 2024 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 0.2% inflationary increase is applied to the most recent sale price for 8 HONEYCHURCH CLOSE of £230,000 on 10th January 2024. For the value to have increased from £230,000 to £230,402 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 8 HONEYCHURCH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HONEYCHURCH CLOSE has not materially changed since January 2024.

How Large is 8 HONEYCHURCH CLOSE?

8 HONEYCHURCH CLOSE is 90m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% 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 HONEYCHURCH CLOSE lies on this distribution: 23% of detached houses houses are smaller than 8 HONEYCHURCH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 HONEYCHURCH CLOSE: Plot and Title Map

8 HONEYCHURCH CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 HONEYCHURCH 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 HONEYCHURCH 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 HONEYCHURCH CLOSE?

8 HONEYCHURCH CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 8 on HONEYCHURCH CLOSE.