3, LECHLADE CLOSE, REDDITCH, B98 8RN - £415,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 LECHLADE CLOSE is a large extended detached house of 124m², built sometime between 1976 and 1982. It was last sold for £415,000 in October 2024, which was about the average October 2024 detached price in the Redditch local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

3 LECHLADE CLOSE Sold Prices

Land registry data shows three sales for 3 LECHLADE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. The three 3 LECHLADE CLOSE sales were a mix of roughly equal to the average price, and 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
2024 21 OCT	£415,000	£414,829	Close to HPI
2006 19 JUL	£249,950	£238,116	5% above HPI
2002 18 OCT	£179,950	£180,230	Close to HPI

3 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 three 3 LECHLADE CLOSE sales between October 2002 and October 2024 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 July 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2024 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 3 LECHLADE CLOSE?

3 LECHLADE CLOSE is 124m², which includes two extensions, according to the EPC inspection conducted in April 2024. 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 3 LECHLADE CLOSE lies on this distribution: 66% of detached houses are smaller than 3 LECHLADE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 LECHLADE CLOSE: Plot and Title Map

3 LECHLADE CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 3 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 3 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 3 LECHLADE CLOSE?

3 LECHLADE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 3 on LECHLADE CLOSE.