5, WOLVERTON CLOSE, REDDITCH, B98 0AR - £305,000

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

5 WOLVERTON CLOSE is a very large extended detached house of 161m², built sometime between 1976 and 1982. It was last sold for £305,000 in March 2013, which was around 27% above the average March 2013 detached price in the Redditch local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

5 WOLVERTON CLOSE Sold Prices

Land registry data shows two sales for 5 WOLVERTON 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 5 WOLVERTON 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
2013 19 MAR	£305,000	£240,147	27% above HPI
2007 28 SEP	£297,500	£253,138	18% above HPI

5 WOLVERTON 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 5 WOLVERTON CLOSE sales from September 2007 and March 2013 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 September 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2013 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 5 WOLVERTON CLOSE?

5 WOLVERTON CLOSE is 161m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 5 WOLVERTON CLOSE lies on this distribution: 91% of detached houses are smaller than 5 WOLVERTON CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 WOLVERTON CLOSE: Plot and Title Map

5 WOLVERTON CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 5 WOLVERTON 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 5 WOLVERTON 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 5 WOLVERTON CLOSE?

5 WOLVERTON CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 5 on WOLVERTON CLOSE.