2, WOOTON CLOSE, REDDITCH, B97 6UD - £228,500

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 WOOTON CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £267,432. It was last sold for £228,500 in April 2020, which was around 30% below the average April 2020 detached price in the Redditch local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

2 WOOTON CLOSE Sold Prices

Land registry data shows three sales for 2 WOOTON 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 2 WOOTON 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 30 APR	£228,500	£325,337	30% below HPI
2011 6 APR	£162,000	£221,409	27% below HPI
2000 1 DEC	£110,000	£125,023	12% below HPI

2 WOOTON 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 2 WOOTON CLOSE sales between December 2000 and April 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 April 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 WOOTON CLOSE be worth now?

2 WOOTON CLOSE might now be worth an estimated £267,432.

This is based on house price inflation of 17%, between April 2020 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 17% inflationary increase is applied to the most recent sale price for 2 WOOTON CLOSE of £228,500 on 30th April 2020. For the value to have increased from £228,500 to £267,432 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 2 WOOTON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2020 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WOOTON CLOSE has not materially changed since April 2020.

How Large is 2 WOOTON CLOSE?

2 WOOTON CLOSE is 78m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 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 2 WOOTON CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 WOOTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 WOOTON CLOSE: Plot and Title Map

2 WOOTON CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 2 WOOTON 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 WOOTON 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 WOOTON CLOSE?

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