3, OSWESTRY CLOSE, REDDITCH, B97 5QE - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 OSWESTRY CLOSE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £340,000 in August 2017, which was around 14% above the average August 2017 detached price in the Redditch local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

3 OSWESTRY CLOSE Sold Prices

Land registry data shows four sales for 3 OSWESTRY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 3 OSWESTRY 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
2017 9 AUG	£340,000	£299,029	14% above HPI
2011 29 MAR	£250,000	£223,498	12% above HPI
2007 22 MAY	£250,000	£238,203	5% above HPI
2004 12 MAR	£210,000	£206,321	2% above HPI

3 OSWESTRY 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 four 3 OSWESTRY CLOSE sales between March 2004 and August 2017 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 March 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 OSWESTRY CLOSE be worth now?

3 OSWESTRY CLOSE might now be worth an estimated £439,809.

This is based on house price inflation of 29.4%, between August 2017 and December 2024, 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 29.4% inflationary increase is applied to the most recent sale price for 3 OSWESTRY CLOSE of £340,000 on 9th August 2017. For the value to have increased from £340,000 to £439,809 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 OSWESTRY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OSWESTRY CLOSE has not materially changed since August 2017.

How Large is 3 OSWESTRY CLOSE?

3 OSWESTRY CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 3 OSWESTRY CLOSE lies on this distribution: 72% of detached houses houses are smaller than 3 OSWESTRY CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 OSWESTRY CLOSE: Plot and Title Map

3 OSWESTRY CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 3 OSWESTRY 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 3 OSWESTRY 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 3 OSWESTRY CLOSE?

3 OSWESTRY CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on OSWESTRY CLOSE.