9, HARESFIELD CLOSE, REDDITCH, B97 4PP - £183,000

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 HARESFIELD CLOSE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £175,820. It was last sold for £183,000 in October 2022, which was around 54% below the average October 2022 detached price in the Redditch local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

9 HARESFIELD CLOSE Sold Prices

Land registry data shows three sales for 9 HARESFIELD 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 9 HARESFIELD 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
2022 28 OCT	£183,000	£396,317	54% below HPI
2008 22 JAN	£133,000	£248,730	47% below HPI
2004 19 MAR	£114,000	£206,321	45% below HPI

9 HARESFIELD 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 9 HARESFIELD CLOSE sales between March 2004 and October 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 January 2008 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2022 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 9 HARESFIELD CLOSE be worth now?

9 HARESFIELD CLOSE might now be worth an estimated £175,820.

This is based on house price deflation of 3.9%, between October 2022 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 3.9% deflationary decrease is applied to the most recent sale price for 9 HARESFIELD CLOSE of £183,000 on 28th October 2022. For the value to have decreased from £183,000 to £175,820 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 HARESFIELD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2022 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HARESFIELD CLOSE has not materially changed since October 2022.

How Large is 9 HARESFIELD CLOSE?

9 HARESFIELD CLOSE is 76m² according to the EPC inspection conducted in May 2019. 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 HARESFIELD CLOSE lies on this distribution: 10% of detached houses houses are smaller than 9 HARESFIELD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

9 HARESFIELD CLOSE: Plot and Title Map

9 HARESFIELD CLOSE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 9 HARESFIELD 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 HARESFIELD 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 HARESFIELD CLOSE?

9 HARESFIELD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 9 on HARESFIELD CLOSE.