12, COLEFORD CLOSE, REDDITCH, B97 5UX - £280,000

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.

12 COLEFORD CLOSE is a very large extended detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £436,044. It was last sold for £280,000 in June 2014, which was around 15% above the average June 2014 detached price in the Redditch local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was C.

12 COLEFORD CLOSE Sold Prices

Land registry data shows three sales for 12 COLEFORD 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. Two of the three 12 COLEFORD CLOSE sales were for above the average price, whilst one was 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
2014 27 JUN	£280,000	£244,505	15% above HPI
2008 3 DEC	£230,000	£216,035	6% above HPI
2006 30 MAR	£117,500	£220,677	47% below HPI

12 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 three 12 COLEFORD CLOSE sales between March 2006 and June 2014 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 December 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 12 COLEFORD CLOSE be worth now?

12 COLEFORD CLOSE might now be worth an estimated £436,044.

This is based on house price inflation of 55.7%, between June 2014 and February 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 55.7% inflationary increase is applied to the most recent sale price for 12 COLEFORD CLOSE of £280,000 on 27th June 2014. For the value to have increased from £280,000 to £436,044 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 12 COLEFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2014 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 12 COLEFORD CLOSE has not materially changed since June 2014.

How Large is 12 COLEFORD CLOSE?

12 COLEFORD CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 20% 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 12 COLEFORD CLOSE lies on this distribution: 88% of detached houses houses are smaller than 12 COLEFORD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 COLEFORD CLOSE: Plot and Title Map

12 COLEFORD CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 12 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 12 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 12 COLEFORD CLOSE?

12 COLEFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 12 on COLEFORD CLOSE.