9, NEW ROAD, ASTWOOD BANK, REDDITCH, B96 6AW - £193,000

9 NEW ROAD is a small extended detached house of 97m², built sometime before 1900. It was last sold for £193,000 in August 2016, which was around 34% below the average August 2016 detached price in the Redditch local authority area. The most recent EPC inspection was September 2015, where the current energy rating was F, and the potential energy rating was D.

9 NEW ROAD Sold Prices

Land registry data shows five sales for 9 NEW ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 9 NEW ROAD 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
2016 5 AUG	£193,000	£294,498	34% below HPI
2002 15 MAY	£129,000	£155,756	17% below HPI
2000 17 OCT	£96,000	£129,818	26% below HPI
1998 13 MAR	£64,000	£97,903	35% below HPI
1996 11 DEC	£55,000	£88,790	38% below HPI

9 NEW ROAD 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 five 9 NEW ROAD sales between December 1996 and August 2016 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 May 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 9 NEW ROAD?

9 NEW ROAD is 97m², which includes four extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 9 NEW ROAD lies on this distribution: 20% of detached houses are smaller than 9 NEW ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

9 NEW ROAD: Plot and Title Map

9 NEW ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 9 NEW ROAD, 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 9 NEW ROAD). 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 9 NEW ROAD?

9 NEW ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 9 on NEW ROAD.