12, LENCH CLOSE, REDDITCH, B97 6TU - £177,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 LENCH CLOSE is a very small extended detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £276,589. It was last sold for £177,500 in December 2014, which was around 28% below the average December 2014 detached price in the Redditch local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 LENCH CLOSE Sold Prices

Land registry data shows three sales for 12 LENCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 12 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
2014 18 DEC	£177,500	£248,235	28% below HPI
2005 24 MAR	£157,000	£220,444	29% below HPI
2002 28 JUN	£103,995	£151,819	32% below HPI

12 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 three 12 LENCH CLOSE sales between June 2002 and December 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 March 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 12 LENCH CLOSE be worth now?

12 LENCH CLOSE might now be worth an estimated £276,589.

This is based on house price inflation of 55.8%, between December 2014 and December 2024, 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 55.8% inflationary increase is applied to the most recent sale price for 12 LENCH CLOSE of £177,500 on 18th December 2014. For the value to have increased from £177,500 to £276,589 over the ten years to December 2024, the following assumptions must hold true:

• The value of 12 LENCH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The December 2014 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 12 LENCH CLOSE has not materially changed since December 2014.

How Large is 12 LENCH CLOSE?

12 LENCH CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 12 LENCH CLOSE lies on this distribution: 5% of detached houses houses are smaller than 12 LENCH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 LENCH CLOSE: Plot and Title Map

12 LENCH CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 12 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 12 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 12 LENCH CLOSE?

12 LENCH CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 12 on LENCH CLOSE.