3, WYCHBOLD CLOSE, CALLOW HILL, REDDITCH, B97 5YG - £249,500

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 WYCHBOLD CLOSE is a very large detached house of 148m², built sometime between 1991 and 1995. It was last sold for £249,500 in October 2014, which was around 1% above the average October 2014 detached price in the Redditch local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

3 WYCHBOLD CLOSE Sold Prices

Land registry data shows two sales for 3 WYCHBOLD 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 3 WYCHBOLD 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
2014 24 OCT	£249,500	£246,540	1% above HPI
1998 4 JUN	£122,000	£97,388	25% above HPI

3 WYCHBOLD 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 3 WYCHBOLD CLOSE sales from June 1998 and October 2014 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 June 1998 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 WYCHBOLD CLOSE be worth now?

3 WYCHBOLD CLOSE might now be worth an estimated £391,455.

This is based on house price inflation of 56.9%, between October 2014 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 56.9% inflationary increase is applied to the most recent sale price for 3 WYCHBOLD CLOSE of £249,500 on 24th October 2014. For the value to have increased from £249,500 to £391,455 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 WYCHBOLD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2014 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WYCHBOLD CLOSE has not materially changed since October 2014.

How Large is 3 WYCHBOLD CLOSE?

3 WYCHBOLD CLOSE is 148m² according to the EPC inspection conducted in November 2008. This puts it in the largest 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 3 WYCHBOLD CLOSE lies on this distribution: 86% of detached houses houses are smaller than 3 WYCHBOLD CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 WYCHBOLD CLOSE: Plot and Title Map

3 WYCHBOLD CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 WYCHBOLD 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 WYCHBOLD 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 WYCHBOLD CLOSE?

3 WYCHBOLD CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 3 on WYCHBOLD CLOSE.