2, REDWING CLOSE, BRACKLA, BRIDGEND, CF31 2NZ - £294,500

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 REDWING CLOSE is a large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £454,993. It was last sold for £294,500 in May 2018, which was around 38% above the average May 2018 detached price in the Bridgend local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

2 REDWING CLOSE Sold Prices

Land registry data shows five sales for 2 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. All of the five 2 REDWING CLOSE sales were for above 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
2018 4 MAY	£294,500	£213,024	38% above HPI
2016 6 APR	£265,000	£196,194	35% above HPI
2013 21 MAR	£245,000	£170,996	43% above HPI
2007 5 APR	£245,000	£181,617	35% above HPI
2000 15 SEP	£131,000	£87,672	49% above HPI

2 REDWING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The five 2 REDWING CLOSE sales between September 2000 and May 2018 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 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 2 REDWING CLOSE be worth now?

2 REDWING CLOSE might now be worth an estimated £454,993.

This is based on house price inflation of 54.5%, between May 2018 and February 2025, for detached houses, in the Bridgend local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.5% inflationary increase is applied to the most recent sale price for 2 REDWING CLOSE of £294,500 on 4th May 2018. For the value to have increased from £294,500 to £454,993 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 2 REDWING CLOSE has moved in line with the HPI for detached houses in the Bridgend local authority area.
• The May 2018 sale price of £294,500 represented a fair market value for the property.
• The size, condition, and specification of 2 REDWING CLOSE has not materially changed since May 2018.

How Large is 2 REDWING CLOSE?

2 REDWING CLOSE is 136m² according to the EPC inspection conducted in October 2010. This puts it in the largest 30% of detached houses houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bridgend, and where 2 REDWING CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 REDWING CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

2 REDWING CLOSE: Plot and Title Map

2 REDWING CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 2 REDWING 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 2 REDWING 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 2 REDWING CLOSE?

2 REDWING CLOSE is located in BRACKLA, in the CF31 postcode district. The below map shows the position of No. 2 on REDWING CLOSE.