2, LENCH CLOSE, REDDITCH, B97 6TU - £266,000

2 LENCH CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £266,000 in August 2022, which was around 35% below the average August 2022 detached price in the Redditch local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 LENCH CLOSE Sold Prices

Land registry data shows two sales for 2 LENCH 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 2 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
2022 23 AUG	£266,000	£407,817	35% below HPI
2001 5 OCT	£109,795	£146,517	25% below HPI

2 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 two 2 LENCH CLOSE sales from October 2001 and August 2022 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 October 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 LENCH CLOSE?

2 LENCH CLOSE is 71m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 2 LENCH CLOSE lies on this distribution: 6% of detached houses are smaller than 2 LENCH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 LENCH CLOSE: Plot and Title Map

2 LENCH CLOSE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 2 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 2 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 2 LENCH CLOSE?

2 LENCH CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 2 on LENCH CLOSE.