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

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.

11 LENCH CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £273,044. It was last sold for £229,000 in March 2019, which was around 28% 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	£319,347	28% below HPI
2012 2 AUG	£165,000	£227,137	27% below HPI
2009 24 APR	£150,000	£205,446	27% below HPI
2005 14 FEB	£166,750	£218,396	24% below HPI
2001 29 JUN	£103,500	£130,662	21% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 LENCH CLOSE be worth now?

11 LENCH CLOSE might now be worth an estimated £273,044.

This is based on house price inflation of 19.2%, between March 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 19.2% inflationary increase is applied to the most recent sale price for 11 LENCH CLOSE of £229,000 on 1st March 2019. For the value to have increased from £229,000 to £273,044 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 11 LENCH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2019 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LENCH CLOSE has not materially changed since March 2019.

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 houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 11 LENCH CLOSE lies on this distribution: 6% of detached houses 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.