7, WOODGREEN CLOSE, CALLOW HILL, REDDITCH, B97 5YR - £307,500

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

7 WOODGREEN CLOSE is a very large extended detached house of 145m², built sometime between 1991 and 1995. It was last sold for £307,500 in February 2014, which was around 24% above the average February 2014 detached price in the Redditch local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

7 WOODGREEN CLOSE Sold Prices

Land registry data shows two sales for 7 WOODGREEN 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 WOODGREEN 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 7 FEB	£307,500	£247,150	24% above HPI
1998 28 AUG	£147,000	£104,112	41% above HPI

7 WOODGREEN 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 WOODGREEN CLOSE sales from August 1998 and February 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 August 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2014 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 7 WOODGREEN CLOSE?

7 WOODGREEN CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 7 WOODGREEN CLOSE lies on this distribution: 84% of detached houses are smaller than 7 WOODGREEN CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 WOODGREEN CLOSE: Plot and Title Map

7 WOODGREEN CLOSE sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of 7 WOODGREEN 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 WOODGREEN 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 WOODGREEN CLOSE?

7 WOODGREEN CLOSE is located in CALLOW HILL, in the B97 postcode district. The below map shows the position of No. 7 on WOODGREEN CLOSE.