4, LAPWORTH CLOSE, REDDITCH, B98 7RJ - £181,000

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 LAPWORTH CLOSE is a detached house, which could now be worth an estimated £290,107. It was last sold for £181,000 in December 2007, which was around 26% below the average December 2007 detached price in the Redditch local authority area.

4 LAPWORTH CLOSE Sold Prices

Land registry data shows two sales for 4 LAPWORTH 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 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
2007 4 DEC	£181,000	£245,893	26% below HPI
2004 11 JUN	£157,950	£205,005	23% below HPI

What might 4 LAPWORTH CLOSE be worth now?

4 LAPWORTH CLOSE might now be worth an estimated £290,107.

This is based on house price inflation of 60.3%, between December 2007 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 60.3% inflationary increase is applied to the most recent sale price for 4 LAPWORTH CLOSE of £181,000 on 4th December 2007. For the value to have increased from £181,000 to £290,107 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 4 LAPWORTH CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The December 2007 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAPWORTH CLOSE has not materially changed since December 2007.

Where is 4 LAPWORTH CLOSE?

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