9, ELDERSFIELD CLOSE, REDDITCH, B98 9NG - £367,000

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.

9 ELDERSFIELD CLOSE is a midsized semi-detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £391,709. It was last sold for £367,000 in February 2022, which was around 58% above the average February 2022 semi-detached price in the Redditch local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

9 ELDERSFIELD CLOSE Sold Prices

Land registry data shows two sales for 9 ELDERSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 9 ELDERSFIELD 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
2022 4 FEB	£367,000	£231,707	58% above HPI
1997 23 MAY	£90,000	£52,525	71% above HPI

9 ELDERSFIELD 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 two 9 ELDERSFIELD CLOSE sales from May 1997 and February 2022 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 May 1997 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the February 2022 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 9 ELDERSFIELD CLOSE be worth now?

9 ELDERSFIELD CLOSE might now be worth an estimated £391,709.

This is based on house price inflation of 6.7%, between February 2022 and March 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 6.7% inflationary increase is applied to the most recent sale price for 9 ELDERSFIELD CLOSE of £367,000 on 4th February 2022. For the value to have increased from £367,000 to £391,709 over the two years and eleven months to March 2025, the following assumptions must hold true:

• The value of 9 ELDERSFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The February 2022 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELDERSFIELD CLOSE has not materially changed since February 2022.

How Large is 9 ELDERSFIELD CLOSE?

9 ELDERSFIELD CLOSE is 111m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 9 ELDERSFIELD CLOSE lies on this distribution: 49% of semi-detached houses houses are smaller than 9 ELDERSFIELD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Redditch.

9 ELDERSFIELD CLOSE: Plot and Title Map

9 ELDERSFIELD CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 9 ELDERSFIELD 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 9 ELDERSFIELD 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 9 ELDERSFIELD CLOSE?

9 ELDERSFIELD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 9 on ELDERSFIELD CLOSE.