9, GRANBY CLOSE, REDDITCH, B98 0PJ - £218,000

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 GRANBY CLOSE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £205,628. It was last sold for £218,000 in March 2023, which was around 46% below the average March 2023 detached price in the Redditch local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

9 GRANBY CLOSE Sold Prices

Land registry data shows four sales for 9 GRANBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 9 GRANBY 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
2023 31 MAR	£218,000	£403,677	46% below HPI
2009 26 JUN	£126,750	£206,294	39% below HPI
2004 25 JUN	£118,495	£205,005	42% below HPI
2001 14 FEB	£62,000	£126,311	51% below HPI

9 GRANBY 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 four 9 GRANBY CLOSE sales between February 2001 and March 2023 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 June 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 9 GRANBY CLOSE be worth now?

9 GRANBY CLOSE might now be worth an estimated £205,628.

This is based on house price deflation of 5.7%, between March 2023 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 5.7% deflationary decrease is applied to the most recent sale price for 9 GRANBY CLOSE of £218,000 on 31st March 2023. For the value to have decreased from £218,000 to £205,628 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 9 GRANBY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2023 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GRANBY CLOSE has not materially changed since March 2023.

How Large is 9 GRANBY CLOSE?

9 GRANBY CLOSE is 67m² according to the EPC inspection conducted in January 2023. 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 9 GRANBY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 9 GRANBY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Redditch.

9 GRANBY CLOSE: Plot and Title Map

9 GRANBY CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 9 GRANBY 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 GRANBY 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 GRANBY CLOSE?

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