39, LACEBY CLOSE, REDDITCH, B97 6BZ - £138,000

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.

39 LACEBY CLOSE is a very small terraced house of 69m², built in 2017, which could now be worth an estimated £175,213. It was last sold for £138,000 in November 2019, which was around 14% below the average November 2019 terraced price in the Redditch local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

39 LACEBY CLOSE Sold Prices

Land registry data shows one sale for 39 LACEBY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 21 NOV	£138,000	£159,614	14% below HPI

What might 39 LACEBY CLOSE be worth now?

39 LACEBY CLOSE might now be worth an estimated £175,213.

This is based on house price inflation of 27%, between November 2019 and May 2026, for terraced 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% inflationary increase is applied to the most recent sale price for 39 LACEBY CLOSE of £138,000 on 21st November 2019. For the value to have increased from £138,000 to £175,213 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 39 LACEBY CLOSE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The November 2019 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 39 LACEBY CLOSE has not materially changed since November 2019.

How Large is 39 LACEBY CLOSE?

39 LACEBY CLOSE is 69m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 39 LACEBY CLOSE lies on this distribution: 17% of terraced houses are smaller than 39 LACEBY CLOSE, and 81% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

39 LACEBY CLOSE: Plot

39 LACEBY CLOSE sits on a plot of roughly 0.042 of an acre, or 168m².

Where is 39 LACEBY CLOSE?

39 LACEBY CLOSE is located in REDDITCH, in the B97 postcode district.