2, LADBROOK CLOSE, REDDITCH, B98 7XR - £183,000

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.

2 LADBROOK CLOSE is a detached house, which could now be worth an estimated £324,192. It was last sold for £183,000 in June 2005, which was around 18% below the average June 2005 detached price in the Redditch local authority area.

2 LADBROOK CLOSE Sold Prices

Land registry data shows three sales for 2 LADBROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 2 LADBROOK 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
2005 7 JUN	£183,000	£222,472	18% below HPI
1997 30 SEP	£87,500	£93,705	7% below HPI
1997 30 SEP	£87,500	£93,705	7% below HPI

What might 2 LADBROOK CLOSE be worth now?

2 LADBROOK CLOSE might now be worth an estimated £324,192.

This is based on house price inflation of 77.2%, between June 2005 and May 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 77.2% inflationary increase is applied to the most recent sale price for 2 LADBROOK CLOSE of £183,000 on 7th June 2005. For the value to have increased from £183,000 to £324,192 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 LADBROOK CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2005 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LADBROOK CLOSE has not materially changed since June 2005.

Where is 2 LADBROOK CLOSE?

2 LADBROOK CLOSE is located in REDDITCH, in the B98 postcode district.