4, REDLAND CLOSE, GRESFORD, WREXHAM, LL12 8HP - £300,000

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

4 REDLAND CLOSE is a very small detached house of 54m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2022, which was about the average October 2022 detached price in the Wrexham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

4 REDLAND CLOSE Sold Prices

Land registry data shows four sales for 4 REDLAND 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 Wrexham local authority area for the corresponding sale date. The four 4 REDLAND CLOSE sales were a mix of roughly equal to the average price, and 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
2022 18 OCT	£300,000	£299,195	Close to HPI
2021 27 MAY	£176,000	£249,025	29% below HPI
1997 25 APR	£58,000	£67,864	15% below HPI
1996 29 NOV	£39,000	£66,948	42% below HPI

4 REDLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The four 4 REDLAND CLOSE sales between November 1996 and October 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 May 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 4 REDLAND CLOSE?

4 REDLAND CLOSE is 54m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Gresford, based on EPC data. The below chart shows the distribution of detached houses by size in Gresford, and where 4 REDLAND CLOSE lies on this distribution: 1% of detached houses are smaller than 4 REDLAND CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gresford.

4 REDLAND CLOSE: Plot and Title Map

4 REDLAND CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 4 REDLAND 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 4 REDLAND 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 4 REDLAND CLOSE?

4 REDLAND CLOSE is located in GRESFORD, in the LL12 postcode district. The below map shows the position of No. 4 on REDLAND CLOSE.