2, WEATHEROAK CLOSE, REDDITCH, B97 5TF - £460,000

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

2 WEATHEROAK CLOSE is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £460,000 in September 2022, which was around 11% above the average September 2022 detached price in the Redditch local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

2 WEATHEROAK CLOSE Sold Prices

Land registry data shows two sales for 2 WEATHEROAK 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 Redditch local authority area for the corresponding sale date. Both of the two 2 WEATHEROAK 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
2022 2 SEP	£460,000	£413,661	11% above HPI
1995 18 AUG	£93,500	£86,748	8% above HPI

2 WEATHEROAK 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 two 2 WEATHEROAK CLOSE sales from August 1995 and September 2022 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 August 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 2 WEATHEROAK CLOSE?

2 WEATHEROAK CLOSE is 130m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 2 WEATHEROAK CLOSE lies on this distribution: 72% of detached houses are smaller than 2 WEATHEROAK CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 WEATHEROAK CLOSE: Plot and Title Map

2 WEATHEROAK CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 WEATHEROAK 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 WEATHEROAK 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 WEATHEROAK CLOSE?

2 WEATHEROAK CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 2 on WEATHEROAK CLOSE.