14, LENCH CLOSE, REDDITCH, B97 6TU - £179,950

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

14 LENCH CLOSE is a very small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £333,431. It was last sold for £179,950 in July 2009, which was around 14% below the average July 2009 detached price in the Redditch local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

14 LENCH CLOSE Sold Prices

Land registry data shows three sales for 14 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 14 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
2009 3 JUL	£179,950	£208,759	14% below HPI
2003 31 MAR	£169,950	£179,312	5% below HPI
2001 24 AUG	£124,500	£137,010	9% below HPI

14 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 14 LENCH CLOSE sales between August 2001 and July 2009 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 14 LENCH CLOSE be worth now?

14 LENCH CLOSE might now be worth an estimated £333,431.

This is based on house price inflation of 85.3%, between July 2009 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 85.3% inflationary increase is applied to the most recent sale price for 14 LENCH CLOSE of £179,950 on 3rd July 2009. For the value to have increased from £179,950 to £333,431 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 14 LENCH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2009 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 14 LENCH CLOSE has not materially changed since July 2009.

How Large is 14 LENCH CLOSE?

14 LENCH CLOSE is 87m² according to the EPC inspection conducted in February 2009. 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 14 LENCH CLOSE lies on this distribution: 19% of detached houses houses are smaller than 14 LENCH CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 LENCH CLOSE: Plot and Title Map

14 LENCH CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 14 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 14 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 14 LENCH CLOSE?

14 LENCH CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 14 on LENCH CLOSE.