3, COLEFORD CLOSE, REDDITCH, B97 5UX - £480,000

3 COLEFORD CLOSE is a large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £480,000 in January 2023, which was around 17% above the average January 2023 detached price in the Redditch local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

3 COLEFORD CLOSE Sold Prices

Land registry data shows four sales for 3 COLEFORD 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 3 COLEFORD 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
2023 16 JAN	£480,000	£410,525	17% above HPI
2018 23 NOV	£375,000	£338,956	11% above HPI
2008 8 APR	£330,000	£247,674	33% above HPI
2002 22 NOV	£248,000	£183,820	35% above HPI

3 COLEFORD 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 3 COLEFORD CLOSE sales between November 2002 and January 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 November 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 COLEFORD CLOSE?

3 COLEFORD CLOSE is 130m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 3 COLEFORD CLOSE lies on this distribution: 72% of detached houses are smaller than 3 COLEFORD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 COLEFORD CLOSE: Plot and Title Map

3 COLEFORD CLOSE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 3 COLEFORD 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 3 COLEFORD 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 3 COLEFORD CLOSE?

3 COLEFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on COLEFORD CLOSE.