22, LECHLADE CLOSE, REDDITCH, B98 8RN - £248,000

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

22 LECHLADE CLOSE is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £248,000 in April 2007, which was about the average April 2007 detached price in the Redditch local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

22 LECHLADE CLOSE Sold Prices

Land registry data shows two sales for 22 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. One of the two 22 LECHLADE CLOSE sales was roughly equal to the average price, whilst the other was 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
2007 11 APR	£248,000	£246,872	Close to HPI
1999 4 JUN	£120,000	£107,614	12% above HPI

22 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 22 LECHLADE CLOSE sales from June 1999 and April 2007 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 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2007 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 22 LECHLADE CLOSE?

22 LECHLADE CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% 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 LECHLADE CLOSE lies on this distribution: 66% of detached houses are smaller than 22 LECHLADE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Redditch.

22 LECHLADE CLOSE: Plot and Title Map

22 LECHLADE CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 22 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 22 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 22 LECHLADE CLOSE?

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