1, SOUDAN, REDDITCH, B97 4PG - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 SOUDAN is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £293,891. It was last sold for £175,000 in June 2006, which was around 24% below the average June 2006 detached price in the Redditch local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

1 SOUDAN Sold Prices

Land registry data shows two sales for 1 SOUDAN 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 1 SOUDAN 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
2006 9 JUN	£175,000	£230,330	24% below HPI
1999 22 OCT	£75,000	£109,922	32% below HPI

1 SOUDAN 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 two 1 SOUDAN sales from October 1999 and June 2006 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 October 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 SOUDAN be worth now?

1 SOUDAN might now be worth an estimated £293,891.

This is based on house price inflation of 67.9%, between June 2006 and December 2024, 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 67.9% inflationary increase is applied to the most recent sale price for 1 SOUDAN of £175,000 on 9th June 2006. For the value to have increased from £175,000 to £293,891 over the seventeen years and six months to December 2024, the following assumptions must hold true:

• The value of 1 SOUDAN has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2006 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUDAN has not materially changed since June 2006.

How Large is 1 SOUDAN?

1 SOUDAN is 81m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 1 SOUDAN lies on this distribution: 13% of detached houses houses are smaller than 1 SOUDAN, and 86% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 SOUDAN: Plot and Title Map

1 SOUDAN sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 SOUDAN, 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 SOUDAN). 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 SOUDAN?

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