2, WORDSLEY CLOSE, REDDITCH, B98 8RT - £250,000

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.

2 WORDSLEY CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £340,352. It was last sold for £250,000 in March 2017, which was around 16% below the average March 2017 detached price in the Redditch local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 WORDSLEY CLOSE Sold Prices

Land registry data shows one sale for 2 WORDSLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 31 MAR	£250,000	£296,210	16% below HPI

What might 2 WORDSLEY CLOSE be worth now?

2 WORDSLEY CLOSE might now be worth an estimated £340,352.

This is based on house price inflation of 36.1%, between March 2017 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 36.1% inflationary increase is applied to the most recent sale price for 2 WORDSLEY CLOSE of £250,000 on 31st March 2017. For the value to have increased from £250,000 to £340,352 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 WORDSLEY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WORDSLEY CLOSE has not materially changed since March 2017.

How Large is 2 WORDSLEY CLOSE?

2 WORDSLEY CLOSE is 78m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 2 WORDSLEY CLOSE lies on this distribution: 11% of detached houses are smaller than 2 WORDSLEY CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

2 WORDSLEY CLOSE: Plot

2 WORDSLEY CLOSE sits on a plot of roughly 0.133 of an acre, or 538m².

Where is 2 WORDSLEY CLOSE?

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