7, WORDSLEY CLOSE, REDDITCH, B98 8RT - £283,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 WORDSLEY CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £283,000 in August 2018, which was around 13% below the average August 2018 detached price in the Redditch local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

7 WORDSLEY CLOSE Sold Prices

Land registry data shows two sales for 7 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 7 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
2018 28 AUG	£283,000	£326,835	13% below HPI
2012 13 JAN	£205,000	£224,707	9% below HPI

7 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 7 WORDSLEY CLOSE sales from January 2012 and August 2018 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 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 WORDSLEY CLOSE?

7 WORDSLEY CLOSE is 77m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 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 WORDSLEY CLOSE lies on this distribution: 10% of detached houses are smaller than 7 WORDSLEY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 WORDSLEY CLOSE: Plot and Title Map

7 WORDSLEY CLOSE sits on a plot of roughly 0.143 of an acre, or 581m². The below map shows the location of 7 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 7 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 7 WORDSLEY CLOSE?

7 WORDSLEY CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 7 on WORDSLEY CLOSE.