11, LENCH CLOSE, REDDITCH, B97 6TU - £229,000

11 LENCH CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £229,000 in March 2019, which was around 31% below the average March 2019 detached price in the Redditch local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

11 LENCH CLOSE Sold Prices

Land registry data shows five sales for 11 LENCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 11 LENCH 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
2019 1 MAR	£229,000	£331,526	31% below HPI
2012 2 AUG	£165,000	£235,800	30% below HPI
2009 24 APR	£150,000	£213,281	30% below HPI
2005 14 FEB	£166,750	£226,725	26% below HPI
2001 29 JUN	£103,500	£135,646	24% below HPI

11 LENCH 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 five 11 LENCH CLOSE sales between June 2001 and March 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 August 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 LENCH CLOSE?

11 LENCH CLOSE is 71m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 11 LENCH CLOSE lies on this distribution: 6% of detached houses are smaller than 11 LENCH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 LENCH CLOSE: Plot and Title Map

11 LENCH CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 11 LENCH 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 11 LENCH 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 11 LENCH CLOSE?

11 LENCH CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 11 on LENCH CLOSE.