1, FARTHING LANE, REDDITCH, B97 6TE - £149,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 FARTHING LANE is a very small semi-detached house of 55m², built sometime between 1996 and 2002. It was last sold for £149,000 in April 2014, which was around 41% below the average April 2014 detached price in the Redditch local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

1 FARTHING LANE Sold Prices

Land registry data shows five sales for 1 FARTHING LANE 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 1 FARTHING LANE 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
2014 24 APR	£149,000	£252,325	41% below HPI
2006 24 JUL	£140,000	£238,116	41% below HPI
2003 17 OCT	£119,950	£201,400	40% below HPI
2001 16 MAR	£74,500	£131,978	44% below HPI
1998 18 DEC	£62,750	£104,687	40% below HPI

1 FARTHING LANE 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 1 FARTHING LANE sales between December 1998 and April 2014 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 July 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2014 sale, which was also at 41% below the HPI.

How Large is 1 FARTHING LANE?

1 FARTHING LANE is 55m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 1 FARTHING LANE lies on this distribution: 1% of detached houses are smaller than 1 FARTHING LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 FARTHING LANE: Plot and Title Map

1 FARTHING LANE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 1 FARTHING LANE, 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 1 FARTHING LANE). 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 1 FARTHING LANE?

1 FARTHING LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 1 on FARTHING LANE.