22, LADBROOK CLOSE, REDDITCH, B98 7XR - £200,000

22 LADBROOK CLOSE is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £200,000 in June 2021, which was around 45% below the average June 2021 detached price in the Redditch local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

22 LADBROOK CLOSE Sold Prices

Land registry data shows two sales for 22 LADBROOK 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 22 LADBROOK 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 3 JUN	£200,000	£362,382	45% below HPI
1996 27 SEP	£65,000	£89,692	28% below HPI

22 LADBROOK 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 22 LADBROOK CLOSE sales from September 1996 and June 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 September 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 22 LADBROOK CLOSE?

22 LADBROOK CLOSE is 54m² according to the EPC inspection conducted in March 2020. 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 22 LADBROOK CLOSE lies on this distribution: 1% of detached houses are smaller than 22 LADBROOK CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 LADBROOK CLOSE: Plot and Title Map

22 LADBROOK CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 22 LADBROOK 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 22 LADBROOK 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 22 LADBROOK CLOSE?

22 LADBROOK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 22 on LADBROOK CLOSE.