13, LAPWORTH CLOSE, REDDITCH, B98 7RJ - £261,000

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

13 LAPWORTH CLOSE is a very small extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £282,778. It was last sold for £261,000 in September 2021, which was around 27% below the average September 2021 detached price in the Redditch local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

13 LAPWORTH CLOSE Sold Prices

Land registry data shows two sales for 13 LAPWORTH 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 13 LAPWORTH 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
2021 20 SEP	£261,000	£357,021	27% below HPI
2018 14 DEC	£202,000	£321,703	37% below HPI

13 LAPWORTH 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 13 LAPWORTH CLOSE sales from December 2018 and September 2021 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 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 13 LAPWORTH CLOSE be worth now?

13 LAPWORTH CLOSE might now be worth an estimated £282,778.

This is based on house price inflation of 8.3%, between September 2021 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 8.3% inflationary increase is applied to the most recent sale price for 13 LAPWORTH CLOSE of £261,000 on 20th September 2021. For the value to have increased from £261,000 to £282,778 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 13 LAPWORTH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2021 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 13 LAPWORTH CLOSE has not materially changed since September 2021.

How Large is 13 LAPWORTH CLOSE?

13 LAPWORTH CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 13 LAPWORTH CLOSE lies on this distribution: 13% of detached houses houses are smaller than 13 LAPWORTH CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redditch.

13 LAPWORTH CLOSE: Plot and Title Map

13 LAPWORTH CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 13 LAPWORTH 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 13 LAPWORTH 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 13 LAPWORTH CLOSE?

13 LAPWORTH CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 13 on LAPWORTH CLOSE.