33, LAPWORTH CLOSE, REDDITCH, B98 7RJ - £245,000

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.

33 LAPWORTH CLOSE is a midsized extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £311,607. It was last sold for £245,000 in March 2018, which was around 21% below the average March 2018 detached price in the Redditch local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

33 LAPWORTH CLOSE Sold Prices

Land registry data shows six sales for 33 LAPWORTH CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the six 33 LAPWORTH 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
2018 2 MAR	£245,000	£309,874	21% below HPI
2004 10 DEC	£186,000	£226,935	18% below HPI
2000 20 APR	£110,000	£112,075	2% below HPI
2000 20 APR	£110,000	£112,075	2% below HPI
1996 26 APR	£70,500	£86,017	18% below HPI
1996 26 APR	£70,500	£86,017	18% below HPI

What might 33 LAPWORTH CLOSE be worth now?

33 LAPWORTH CLOSE might now be worth an estimated £311,607.

This is based on house price inflation of 27.2%, between March 2018 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 27.2% inflationary increase is applied to the most recent sale price for 33 LAPWORTH CLOSE of £245,000 on 2nd March 2018. For the value to have increased from £245,000 to £311,607 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 33 LAPWORTH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 33 LAPWORTH CLOSE has not materially changed since March 2018.

How Large is 33 LAPWORTH CLOSE?

33 LAPWORTH CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 33 LAPWORTH CLOSE lies on this distribution: 52% of detached houses are smaller than 33 LAPWORTH CLOSE, and 46% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

33 LAPWORTH CLOSE: Plot

33 LAPWORTH CLOSE sits on a plot of roughly 0.072 of an acre, or 292m².

Where is 33 LAPWORTH CLOSE?

33 LAPWORTH CLOSE is located in REDDITCH, in the B98 postcode district.