4, LATCHFORD CLOSE, REDDITCH, B98 9NQ - £120,000

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

4 LATCHFORD CLOSE is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £120,000 in September 2014, which was around 53% below the average September 2014 detached price in the Redditch local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

4 LATCHFORD CLOSE Sold Prices

Land registry data shows two sales for 4 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 4 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
2014 12 SEP	£120,000	£256,460	53% below HPI
2010 22 OCT	£193,000	£236,918	19% below HPI

4 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 4 LATCHFORD CLOSE sales from October 2010 and September 2014 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 October 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 4 LATCHFORD CLOSE?

4 LATCHFORD CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in July 2010. 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 4 LATCHFORD CLOSE lies on this distribution: 16% of detached houses are smaller than 4 LATCHFORD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 LATCHFORD CLOSE: Plot and Title Map

4 LATCHFORD CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 4 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 4 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 4 LATCHFORD CLOSE?

4 LATCHFORD CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 4 on LATCHFORD CLOSE.