19, WELFORD CLOSE, REDDITCH, B98 7YN - £300,000

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.

19 WELFORD CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £346,792. It was last sold for £300,000 in March 2021, which was around 12% below the average March 2021 detached price in the Redditch local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

19 WELFORD CLOSE Sold Prices

Land registry data shows five sales for 19 WELFORD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 19 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
2021 26 MAR	£300,000	£340,379	12% below HPI
2014 20 JUN	£203,000	£244,505	17% below HPI
2003 1 MAY	£151,000	£190,036	21% below HPI
2000 28 JUL	£104,000	£119,223	13% below HPI
1998 3 JUL	£82,500	£98,289	16% below HPI

19 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 five 19 WELFORD CLOSE sales between July 1998 and March 2021 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 19 WELFORD CLOSE be worth now?

19 WELFORD CLOSE might now be worth an estimated £346,792.

This is based on house price inflation of 15.6%, between March 2021 and October 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 15.6% inflationary increase is applied to the most recent sale price for 19 WELFORD CLOSE of £300,000 on 26th March 2021. For the value to have increased from £300,000 to £346,792 over the three years and five months to October 2025, the following assumptions must hold true:

• The value of 19 WELFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 19 WELFORD CLOSE has not materially changed since March 2021.

How Large is 19 WELFORD CLOSE?

19 WELFORD CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 19 WELFORD CLOSE lies on this distribution: 30% of detached houses houses are smaller than 19 WELFORD CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Redditch.

19 WELFORD CLOSE: Plot and Title Map

19 WELFORD CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 19 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 19 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 19 WELFORD CLOSE?

19 WELFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 19 on WELFORD CLOSE.