8, WEATHEROAK CLOSE, REDDITCH, B97 5TF - £415,000

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.

8 WEATHEROAK CLOSE is a large detached house of 138m², built sometime between 1991 and 1995, which could now be worth an estimated £467,098. It was last sold for £415,000 in May 2021, which was around 19% above the average May 2021 detached price in the Redditch local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

8 WEATHEROAK CLOSE Sold Prices

Land registry data shows one sale for 8 WEATHEROAK 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
2021 27 MAY	£415,000	£350,160	19% above HPI

What might 8 WEATHEROAK CLOSE be worth now?

8 WEATHEROAK CLOSE might now be worth an estimated £467,098.

This is based on house price inflation of 12.6%, between May 2021 and May 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 12.6% inflationary increase is applied to the most recent sale price for 8 WEATHEROAK CLOSE of £415,000 on 27th May 2021. For the value to have increased from £415,000 to £467,098 over the five years to May 2026, the following assumptions must hold true:

• The value of 8 WEATHEROAK CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WEATHEROAK CLOSE has not materially changed since May 2021.

How Large is 8 WEATHEROAK CLOSE?

8 WEATHEROAK CLOSE is 138m² according to the EPC inspection conducted in November 2020. This puts it in the largest 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 8 WEATHEROAK CLOSE lies on this distribution: 79% of detached houses are smaller than 8 WEATHEROAK CLOSE, and 20% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

8 WEATHEROAK CLOSE: Plot

8 WEATHEROAK CLOSE sits on a plot of roughly 0.136 of an acre, or 551m².

Where is 8 WEATHEROAK CLOSE?

8 WEATHEROAK CLOSE is located in REDDITCH, in the B97 postcode district.