3, WILSON CLOSE, HEADLESS CROSS, REDDITCH, B97 5DY - £525,000

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 WILSON CLOSE is a very large detached house of 202m², built sometime between 2007 and 2011, which could now be worth an estimated £508,464. It was last sold for £525,000 in March 2024, which was around 34% above the average March 2024 detached price in the Redditch local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 WILSON CLOSE Sold Prices

Land registry data shows three sales for 3 WILSON 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 3 WILSON 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
2024 26 MAR	£525,000	£393,151	34% above HPI
2022 24 MAR	£515,000	£372,528	38% above HPI
2008 14 MAY	£240,000	£236,741	1% above HPI

3 WILSON 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 3 WILSON CLOSE sales between May 2008 and March 2024 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 2022 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2024 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 WILSON CLOSE be worth now?

3 WILSON CLOSE might now be worth an estimated £508,464.

This is based on house price deflation of 3.1%, between March 2024 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 3.1% deflationary decrease is applied to the most recent sale price for 3 WILSON CLOSE of £525,000 on 26th March 2024. For the value to have decreased from £525,000 to £508,464 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 3 WILSON CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WILSON CLOSE has not materially changed since March 2024.

How Large is 3 WILSON CLOSE?

3 WILSON CLOSE is 202m² according to the EPC inspection conducted in November 2021. This puts it in the largest 10% 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 WILSON CLOSE lies on this distribution: 97% of detached houses houses are smaller than 3 WILSON CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 WILSON CLOSE: Plot and Title Map

3 WILSON CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 3 WILSON 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 WILSON 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 WILSON CLOSE?

3 WILSON CLOSE is located in HEADLESS CROSS, in the B97 postcode district. The below map shows the position of No. 3 on WILSON CLOSE.