11, WELFORD CLOSE, REDDITCH, B98 7YN - £162,500

11 WELFORD CLOSE is a very small extended detached house of 71m², built sometime between 1983 and 1990. It was last sold for £162,500 in May 2006, which was around 31% below the average May 2006 detached price in the Redditch local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

11 WELFORD CLOSE Sold Prices

Land registry data shows four sales for 11 WELFORD 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 11 WELFORD 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
2006 5 MAY	£162,500	£236,497	31% below HPI
2003 9 MAY	£128,500	£197,284	35% below HPI
1997 23 MAY	£59,950	£92,183	35% below HPI
1995 3 MAR	£58,500	£87,590	33% below HPI

11 WELFORD 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 11 WELFORD CLOSE sales between March 1995 and May 2006 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 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2006 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 WELFORD CLOSE?

11 WELFORD CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 11 WELFORD CLOSE lies on this distribution: 6% of detached houses are smaller than 11 WELFORD CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 WELFORD CLOSE: Plot and Title Map

11 WELFORD CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 11 WELFORD 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 11 WELFORD 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 11 WELFORD CLOSE?

11 WELFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 11 on WELFORD CLOSE.