1, WORDSLEY CLOSE, REDDITCH, B98 8RT - £375,000

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.

1 WORDSLEY CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £384,082. It was last sold for £375,000 in August 2022, which was around 5% below the average August 2022 detached price in the Redditch local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 WORDSLEY CLOSE Sold Prices

Land registry data shows three sales for 1 WORDSLEY 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 1 WORDSLEY 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 19 AUG	£375,000	£393,727	5% below HPI
1996 6 DEC	£83,000	£85,528	3% below HPI
1996 6 DEC	£83,000	£85,528	3% below HPI

What might 1 WORDSLEY CLOSE be worth now?

1 WORDSLEY CLOSE might now be worth an estimated £384,082.

This is based on house price inflation of 2.4%, between August 2022 and April 2026, 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 2.4% inflationary increase is applied to the most recent sale price for 1 WORDSLEY CLOSE of £375,000 on 19th August 2022. For the value to have increased from £375,000 to £384,082 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 1 WORDSLEY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WORDSLEY CLOSE has not materially changed since August 2022.

How Large is 1 WORDSLEY CLOSE?

1 WORDSLEY CLOSE is 70m² according to the EPC inspection conducted in May 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 1 WORDSLEY CLOSE lies on this distribution: 5% of detached houses are smaller than 1 WORDSLEY CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

1 WORDSLEY CLOSE: Plot

1 WORDSLEY CLOSE sits on a plot of roughly 0.146 of an acre, or 589m².

Where is 1 WORDSLEY CLOSE?

1 WORDSLEY CLOSE is located in REDDITCH, in the B98 postcode district.