3, LORDSWOOD CLOSE, REDDITCH, B97 5YD - £305,000

3 LORDSWOOD CLOSE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £305,000 in March 2021, which was around 14% below the average March 2021 detached price in the Redditch local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

3 LORDSWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 LORDSWOOD 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. All of the three 3 LORDSWOOD 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 5 MAR	£305,000	£353,360	14% below HPI
2008 30 APR	£182,500	£247,674	26% below HPI
1998 24 APR	£64,950	£99,247	35% below HPI

3 LORDSWOOD 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 LORDSWOOD CLOSE sales between April 1998 and March 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 April 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 LORDSWOOD CLOSE?

3 LORDSWOOD CLOSE is 84m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% 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 LORDSWOOD CLOSE lies on this distribution: 16% of detached houses are smaller than 3 LORDSWOOD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 LORDSWOOD CLOSE: Plot and Title Map

3 LORDSWOOD CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 LORDSWOOD 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 LORDSWOOD 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 LORDSWOOD CLOSE?

3 LORDSWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on LORDSWOOD CLOSE.