10, NEW ROAD, ASTWOOD BANK, REDDITCH, B96 6AW - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 NEW ROAD is a small extended detached house of 115m², built sometime before 1900. It was last sold for £320,000 in July 2020, which was around 7% below the average July 2020 detached price in the Redditch local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

10 NEW ROAD Sold Prices

Land registry data shows four sales for 10 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 10 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
2020 24 JUL	£320,000	£344,104	7% below HPI
2015 10 DEC	£270,000	£277,457	3% below HPI
2001 29 AUG	£134,500	£142,236	5% below HPI
1996 29 MAR	£63,000	£91,071	31% below HPI

10 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 four 10 NEW ROAD sales between March 1996 and July 2020 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 December 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 10 NEW ROAD?

10 NEW ROAD is 115m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% 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 10 NEW ROAD lies on this distribution: 31% of detached houses are smaller than 10 NEW ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

10 NEW ROAD: Plot and Title Map

10 NEW ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 10 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 10 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 10 NEW ROAD?

10 NEW ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 10 on NEW ROAD.