13, WELFORD CLOSE, REDDITCH, B98 7YN - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

13 WELFORD CLOSE is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £270,000 in August 2019, which was around 19% below the average August 2019 detached price in the Redditch local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

13 WELFORD CLOSE Sold Prices

Land registry data shows three sales for 13 WELFORD 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 13 WELFORD 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
2019 23 AUG	£270,000	£334,017	19% below HPI
2014 24 APR	£225,000	£252,325	11% below HPI
2006 26 OCT	£199,000	£245,677	19% below HPI

13 WELFORD 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 13 WELFORD CLOSE sales between October 2006 and August 2019 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 April 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 13 WELFORD CLOSE?

13 WELFORD CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 13 WELFORD CLOSE lies on this distribution: 32% of detached houses are smaller than 13 WELFORD CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redditch.

13 WELFORD CLOSE: Plot and Title Map

13 WELFORD CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 13 WELFORD 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 13 WELFORD 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 13 WELFORD CLOSE?

13 WELFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 13 on WELFORD CLOSE.