23, LATCHFORD CLOSE, REDDITCH, B98 9NQ - £257,000

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

23 LATCHFORD CLOSE is a midsized extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £370,074. It was last sold for £257,000 in October 2015, which was around 4% below the average October 2015 detached price in the Redditch local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

23 LATCHFORD CLOSE Sold Prices

Land registry data shows two sales for 23 LATCHFORD 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 23 LATCHFORD 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
2015 30 OCT	£257,000	£268,623	4% below HPI
2015 30 SEP	£252,000	£270,700	7% below HPI

23 LATCHFORD 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 23 LATCHFORD CLOSE sales from September 2015 and October 2015 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 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 23 LATCHFORD CLOSE be worth now?

23 LATCHFORD CLOSE might now be worth an estimated £370,074.

This is based on house price inflation of 44%, between October 2015 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 44% inflationary increase is applied to the most recent sale price for 23 LATCHFORD CLOSE of £257,000 on 30th October 2015. For the value to have increased from £257,000 to £370,074 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 23 LATCHFORD CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2015 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LATCHFORD CLOSE has not materially changed since October 2015.

How Large is 23 LATCHFORD CLOSE?

23 LATCHFORD CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% 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 23 LATCHFORD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 23 LATCHFORD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Redditch.

23 LATCHFORD CLOSE: Plot and Title Map

23 LATCHFORD CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 23 LATCHFORD 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 23 LATCHFORD 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 23 LATCHFORD CLOSE?

23 LATCHFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 23 on LATCHFORD CLOSE.