5, WORDSLEY CLOSE, REDDITCH, B98 8RT - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WORDSLEY CLOSE is a very small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £297,719. It was last sold for £170,000 in December 2011, which was around 22% below the average December 2011 detached price in the Redditch local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

5 WORDSLEY CLOSE Sold Prices

Land registry data shows two sales for 5 WORDSLEY 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 WORDSLEY CLOSE sales were for 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
2011 27 DEC	£170,000	£217,422	22% below HPI
1997 24 JAN	£85,950	£86,662	1% below HPI

5 WORDSLEY 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 WORDSLEY CLOSE sales from January 1997 and December 2011 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 January 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 WORDSLEY CLOSE be worth now?

5 WORDSLEY CLOSE might now be worth an estimated £297,719.

This is based on house price inflation of 75.1%, between December 2011 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 75.1% inflationary increase is applied to the most recent sale price for 5 WORDSLEY CLOSE of £170,000 on 27th December 2011. For the value to have increased from £170,000 to £297,719 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 WORDSLEY CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The December 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WORDSLEY CLOSE has not materially changed since December 2011.

How Large is 5 WORDSLEY CLOSE?

5 WORDSLEY CLOSE is 82m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 5 WORDSLEY CLOSE lies on this distribution: 15% of detached houses houses are smaller than 5 WORDSLEY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 WORDSLEY CLOSE: Plot and Title Map

5 WORDSLEY CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 5 WORDSLEY 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 WORDSLEY 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 WORDSLEY CLOSE?

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