8, COLEFORD CLOSE, REDDITCH, B97 5UX - £355,000

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.

8 COLEFORD CLOSE is a large extended detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £420,121. It was last sold for £355,000 in August 2019, which was around 10% above the average August 2019 detached price in the Redditch local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

8 COLEFORD CLOSE Sold Prices

Land registry data shows four sales for 8 COLEFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 8 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 16 AUG	£355,000	£321,747	10% above HPI
2013 13 DEC	£280,000	£238,580	17% above HPI
2000 30 JUN	£147,500	£118,346	25% above HPI
1999 23 FEB	£138,450	£99,098	40% above HPI

8 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 four 8 COLEFORD CLOSE sales between February 1999 and August 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 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 COLEFORD CLOSE be worth now?

8 COLEFORD CLOSE might now be worth an estimated £420,121.

This is based on house price inflation of 18.3%, between August 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 18.3% inflationary increase is applied to the most recent sale price for 8 COLEFORD CLOSE of £355,000 on 16th August 2019. For the value to have increased from £355,000 to £420,121 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 COLEFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The August 2019 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COLEFORD CLOSE has not materially changed since August 2019.

How Large is 8 COLEFORD CLOSE?

8 COLEFORD CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 8 COLEFORD CLOSE lies on this distribution: 76% of detached houses houses are smaller than 8 COLEFORD CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 COLEFORD CLOSE: Plot and Title Map

8 COLEFORD CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 8 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 8 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 8 COLEFORD CLOSE?

8 COLEFORD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 8 on COLEFORD CLOSE.