18, LECHLADE CLOSE, REDDITCH, B98 8RN - £411,500

18 LECHLADE CLOSE is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £411,500 in June 2021, which was around 14% above the average June 2021 detached price in the Redditch local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

18 LECHLADE CLOSE Sold Prices

Land registry data shows two sales for 18 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. Both of the two 18 LECHLADE 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
2021 1 JUN	£411,500	£362,382	14% above HPI
1998 6 MAR	£119,950	£97,903	23% above HPI

18 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 18 LECHLADE CLOSE sales from March 1998 and June 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 March 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 18 LECHLADE CLOSE?

18 LECHLADE CLOSE is 119m² according to the EPC inspection conducted in April 2021. 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 18 LECHLADE CLOSE lies on this distribution: 60% of detached houses are smaller than 18 LECHLADE CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 LECHLADE CLOSE: Plot and Title Map

18 LECHLADE CLOSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 18 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 18 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 18 LECHLADE CLOSE?

18 LECHLADE CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 18 on LECHLADE CLOSE.