1, STONEPITS LANE, REDDITCH, B97 5LX - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 STONEPITS LANE is a very large extended detached house of 160m², built sometime between 1983 and 1990. It was last sold for £325,000 in September 2015, which was around 16% above the average September 2015 detached price in the Redditch local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

1 STONEPITS LANE Sold Prices

Land registry data shows two sales for 1 STONEPITS LANE 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 STONEPITS LANE sales were for above 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
2015 25 SEP	£325,000	£281,024	16% above HPI
1995 30 JAN	£105,000	£92,356	14% above HPI

1 STONEPITS 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 two 1 STONEPITS LANE sales from January 1995 and September 2015 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 January 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2015 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 STONEPITS LANE?

1 STONEPITS LANE is 160m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 STONEPITS LANE lies on this distribution: 90% of detached houses are smaller than 1 STONEPITS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Redditch.

1 STONEPITS LANE: Plot and Title Map

1 STONEPITS LANE sits on a plot of roughly 0.135 of an acre, or 544m². The below map shows the location of 1 STONEPITS 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 STONEPITS 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 STONEPITS LANE?

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