7, LORDSWOOD CLOSE, REDDITCH, B97 5YD - £94,000

7 LORDSWOOD CLOSE is a very small detached house of 42m², built sometime between 1976 and 1982. It was last sold for £94,000 in May 2004, which was around 56% below the average May 2004 detached price in the Redditch local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

7 LORDSWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 LORDSWOOD 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 7 LORDSWOOD 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
2004 25 MAY	£94,000	£214,916	56% below HPI
1999 30 APR	£49,000	£105,216	53% below HPI

7 LORDSWOOD 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 7 LORDSWOOD CLOSE sales from April 1999 and May 2004 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 April 1999 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2004 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 7 LORDSWOOD CLOSE?

7 LORDSWOOD CLOSE is 42m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 7 LORDSWOOD CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 7 LORDSWOOD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 LORDSWOOD CLOSE: Plot and Title Map

7 LORDSWOOD CLOSE sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of 7 LORDSWOOD 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 7 LORDSWOOD 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 7 LORDSWOOD CLOSE?

7 LORDSWOOD CLOSE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on LORDSWOOD CLOSE.