28, LAPWORTH CLOSE, REDDITCH, B98 7RJ - £240,000

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

28 LAPWORTH CLOSE is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £279,582. It was last sold for £240,000 in October 2019, which was around 27% below the average October 2019 detached price in the Redditch local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

28 LAPWORTH CLOSE Sold Prices

Land registry data shows four sales for 28 LAPWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 28 LAPWORTH 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
2019 25 OCT	£240,000	£326,860	27% below HPI
2007 17 AUG	£180,000	£242,254	26% below HPI
2004 16 APR	£147,000	£206,557	29% below HPI
2001 30 MAY	£93,500	£129,238	28% below HPI

28 LAPWORTH 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 four 28 LAPWORTH CLOSE sales between May 2001 and October 2019 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 August 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 28 LAPWORTH CLOSE be worth now?

28 LAPWORTH CLOSE might now be worth an estimated £279,582.

This is based on house price inflation of 16.5%, between October 2019 and February 2025, 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 16.5% inflationary increase is applied to the most recent sale price for 28 LAPWORTH CLOSE of £240,000 on 25th October 2019. For the value to have increased from £240,000 to £279,582 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 28 LAPWORTH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LAPWORTH CLOSE has not materially changed since October 2019.

How Large is 28 LAPWORTH CLOSE?

28 LAPWORTH CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% 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 28 LAPWORTH CLOSE lies on this distribution: 29% of detached houses houses are smaller than 28 LAPWORTH CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Redditch.

28 LAPWORTH CLOSE: Plot and Title Map

28 LAPWORTH CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 28 LAPWORTH 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 28 LAPWORTH 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 28 LAPWORTH CLOSE?

28 LAPWORTH CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 28 on LAPWORTH CLOSE.