4, LECHLADE CLOSE, REDDITCH, B98 8RN - £345,000

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

4 LECHLADE CLOSE is a large extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £386,664. It was last sold for £345,000 in April 2021, which was about the average April 2021 detached price in the Redditch local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

4 LECHLADE CLOSE Sold Prices

Land registry data shows two sales for 4 LECHLADE 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. One of the two 4 LECHLADE CLOSE sales was roughly equal to the average price, whilst the other was for 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
2021 30 APR	£345,000	£345,131	Close to HPI
2012 30 NOV	£249,950	£226,804	10% above HPI

4 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 two 4 LECHLADE CLOSE sales from November 2012 and April 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 November 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 LECHLADE CLOSE be worth now?

4 LECHLADE CLOSE might now be worth an estimated £386,664.

This is based on house price inflation of 12.1%, between April 2021 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 12.1% inflationary increase is applied to the most recent sale price for 4 LECHLADE CLOSE of £345,000 on 30th April 2021. For the value to have increased from £345,000 to £386,664 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 4 LECHLADE CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LECHLADE CLOSE has not materially changed since April 2021.

How Large is 4 LECHLADE CLOSE?

4 LECHLADE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 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 4 LECHLADE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 4 LECHLADE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 LECHLADE CLOSE: Plot and Title Map

4 LECHLADE CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 4 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 4 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 4 LECHLADE CLOSE?

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