4, LENCH CLOSE, REDDITCH, B97 6TU - £179,000

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.

4 LENCH CLOSE is a detached house, which could now be worth an estimated £296,032. It was last sold for £179,000 in September 2007, which was around 27% below the average September 2007 detached price in the Redditch local authority area.

4 LENCH CLOSE Sold Prices

Land registry data shows two sales for 4 LENCH 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 LENCH 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
2007 14 SEP	£179,000	£243,839	27% below HPI
2001 27 SEP	£108,995	£140,574	22% below HPI

What might 4 LENCH CLOSE be worth now?

4 LENCH CLOSE might now be worth an estimated £296,032.

This is based on house price inflation of 65.4%, between September 2007 and April 2026, 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 65.4% inflationary increase is applied to the most recent sale price for 4 LENCH CLOSE of £179,000 on 14th September 2007. For the value to have increased from £179,000 to £296,032 over the nineteen years and five months to April 2026, the following assumptions must hold true:

• The value of 4 LENCH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2007 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LENCH CLOSE has not materially changed since September 2007.

Where is 4 LENCH CLOSE?

4 LENCH CLOSE is located in REDDITCH, in the B97 postcode district.