17, LECHLADE CLOSE, REDDITCH, B98 8RN - £126,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 LECHLADE CLOSE is a large extended detached house of 137m², built sometime between 1991 and 1995. It was last sold for £126,000 in September 1998, which was around 21% above the average September 1998 detached price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

17 LECHLADE CLOSE Sold Prices

Land registry data shows two sales for 17 LECHLADE 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 17 LECHLADE CLOSE sales were for above 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
1998 28 SEP	£126,000	£103,729	21% above HPI
1998 30 JUN	£130,000	£101,102	29% above HPI

17 LECHLADE 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 17 LECHLADE CLOSE sales from June 1998 and September 1998 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 June 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the September 1998 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 17 LECHLADE CLOSE?

17 LECHLADE CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 17 LECHLADE CLOSE lies on this distribution: 79% of detached houses are smaller than 17 LECHLADE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Redditch.

17 LECHLADE CLOSE: Plot and Title Map

17 LECHLADE CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 17 LECHLADE 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 17 LECHLADE 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 17 LECHLADE CLOSE?

17 LECHLADE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 17 on LECHLADE CLOSE.