8, SUMMERHOUSE CLOSE, CALLOW HILL, REDDITCH, B97 5YF - £270,000

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 SUMMERHOUSE CLOSE is a small extended detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £377,060. It was last sold for £270,000 in January 2016, which was around 1% below the average January 2016 detached price in the Redditch local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

8 SUMMERHOUSE CLOSE Sold Prices

Land registry data shows two sales for 8 SUMMERHOUSE 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. One of the two 8 SUMMERHOUSE CLOSE sales was for below the average price, whilst the other was 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
2016 15 JAN	£270,000	£272,655	1% below HPI
1997 4 APR	£97,000	£88,775	9% above HPI

8 SUMMERHOUSE 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 SUMMERHOUSE CLOSE sales from April 1997 and January 2016 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 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 SUMMERHOUSE CLOSE be worth now?

8 SUMMERHOUSE CLOSE might now be worth an estimated £377,060.

This is based on house price inflation of 39.7%, between January 2016 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 39.7% inflationary increase is applied to the most recent sale price for 8 SUMMERHOUSE CLOSE of £270,000 on 15th January 2016. For the value to have increased from £270,000 to £377,060 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 SUMMERHOUSE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SUMMERHOUSE CLOSE has not materially changed since January 2016.

How Large is 8 SUMMERHOUSE CLOSE?

8 SUMMERHOUSE CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in October 2015. 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 SUMMERHOUSE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 8 SUMMERHOUSE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 SUMMERHOUSE CLOSE: Plot and Title Map

8 SUMMERHOUSE CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 8 SUMMERHOUSE 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 SUMMERHOUSE 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 SUMMERHOUSE CLOSE?

8 SUMMERHOUSE CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 8 on SUMMERHOUSE CLOSE.