7, COLEFORD CLOSE, REDDITCH, B97 5UX - £360,000

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.

7 COLEFORD CLOSE is a large extended detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £430,696. It was last sold for £360,000 in May 2019, which was around 13% above the average May 2019 detached price in the Redditch local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

7 COLEFORD CLOSE Sold Prices

Land registry data shows two sales for 7 COLEFORD 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 7 COLEFORD 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
2019 20 MAY	£360,000	£318,267	13% above HPI
2007 7 DEC	£315,000	£245,893	28% above HPI

7 COLEFORD 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 7 COLEFORD CLOSE sales from December 2007 and May 2019 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 December 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 COLEFORD CLOSE be worth now?

7 COLEFORD CLOSE might now be worth an estimated £430,696.

This is based on house price inflation of 19.6%, between May 2019 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 19.6% inflationary increase is applied to the most recent sale price for 7 COLEFORD CLOSE of £360,000 on 20th May 2019. For the value to have increased from £360,000 to £430,696 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 COLEFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COLEFORD CLOSE has not materially changed since May 2019.

How Large is 7 COLEFORD CLOSE?

7 COLEFORD CLOSE is 133m², which includes three extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% 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 7 COLEFORD CLOSE lies on this distribution: 76% of detached houses houses are smaller than 7 COLEFORD CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 COLEFORD CLOSE: Plot and Title Map

7 COLEFORD CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 COLEFORD 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 7 COLEFORD 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 7 COLEFORD CLOSE?

7 COLEFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on COLEFORD CLOSE.