10, LENCH CLOSE, REDDITCH, B97 6TU - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 LENCH CLOSE is a very small terraced house of 59m², built sometime between 2003 and 2006, which could now be worth an estimated £230,921. It was last sold for £230,000 in September 2022, which was around 14% above the average September 2022 terraced price in the Redditch local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

10 LENCH CLOSE Sold Prices

Land registry data shows four sales for 10 LENCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the four 10 LENCH CLOSE sales were 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
2022 16 SEP	£230,000	£201,316	14% above HPI
2020 14 AUG	£180,000	£162,258	11% above HPI
2010 14 OCT	£141,000	£110,839	27% above HPI
2001 29 JUN	£88,950	£56,185	58% above HPI

10 LENCH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redditch local authority area over time, sourced from the HPI. The four 10 LENCH CLOSE sales between June 2001 and September 2022 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 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 10 LENCH CLOSE be worth now?

10 LENCH CLOSE might now be worth an estimated £230,921.

This is based on house price inflation of 0.4%, between September 2022 and October 2025, for terraced 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 0.4% inflationary increase is applied to the most recent sale price for 10 LENCH CLOSE of £230,000 on 16th September 2022. For the value to have increased from £230,000 to £230,921 over the two years and eleven months to October 2025, the following assumptions must hold true:

• The value of 10 LENCH CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LENCH CLOSE has not materially changed since September 2022.

How Large is 10 LENCH CLOSE?

10 LENCH CLOSE is 59m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redditch, and where 10 LENCH CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 10 LENCH CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

10 LENCH CLOSE: Plot and Title Map

10 LENCH CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 10 LENCH 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 10 LENCH 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 10 LENCH CLOSE?

10 LENCH CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 10 on LENCH CLOSE.