15, BREDON CLOSE, ALBRIGHTON, WOLVERHAMPTON, WV7 3PQ - £307,000

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.

15 BREDON CLOSE is a small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £400,154. It was last sold for £307,000 in January 2020, which was around 4% below the average January 2020 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

15 BREDON CLOSE Sold Prices

Land registry data shows two sales for 15 BREDON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 15 BREDON 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
2020 9 JAN	£307,000	£320,143	4% below HPI
2018 5 JAN	£210,000	£305,975	31% below HPI

15 BREDON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 15 BREDON CLOSE sales from January 2018 and January 2020 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 January 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 15 BREDON CLOSE be worth now?

15 BREDON CLOSE might now be worth an estimated £400,154.

This is based on house price inflation of 30.3%, between January 2020 and February 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.3% inflationary increase is applied to the most recent sale price for 15 BREDON CLOSE of £307,000 on 9th January 2020. For the value to have increased from £307,000 to £400,154 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 BREDON CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The January 2020 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BREDON CLOSE has not materially changed since January 2020.

How Large is 15 BREDON CLOSE?

15 BREDON CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses houses in Albrighton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Albrighton, and where 15 BREDON CLOSE lies on this distribution: 26% of detached houses houses are smaller than 15 BREDON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Albrighton.

15 BREDON CLOSE: Plot and Title Map

15 BREDON CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 15 BREDON 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 15 BREDON 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 15 BREDON CLOSE?

15 BREDON CLOSE is located in ALBRIGHTON, in the WV7 postcode district. The below map shows the position of No. 15 on BREDON CLOSE.