11, LILY GREEN LANE, REDDITCH, B97 6TZ - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 LILY GREEN LANE is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £375,738. It was last sold for £220,000 in September 2011, which was around 1% below the average September 2011 detached price in the Redditch local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

11 LILY GREEN LANE Sold Prices

Land registry data shows three sales for 11 LILY GREEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. One of the three 11 LILY GREEN LANE sales was for below the average price, whilst two 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
2011 16 SEP	£220,000	£222,945	1% below HPI
2004 26 MAR	£226,500	£206,321	10% above HPI
2002 29 NOV	£211,000	£177,067	19% above HPI

11 LILY GREEN 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 three 11 LILY GREEN LANE sales between November 2002 and September 2011 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 March 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2011 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 11 LILY GREEN LANE be worth now?

11 LILY GREEN LANE might now be worth an estimated £375,738.

This is based on house price inflation of 70.8%, between September 2011 and February 2025, 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 70.8% inflationary increase is applied to the most recent sale price for 11 LILY GREEN LANE of £220,000 on 16th September 2011. For the value to have increased from £220,000 to £375,738 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 LILY GREEN LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2011 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LILY GREEN LANE has not materially changed since September 2011.

How Large is 11 LILY GREEN LANE?

11 LILY GREEN LANE is 113m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% 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 11 LILY GREEN LANE lies on this distribution: 54% of detached houses houses are smaller than 11 LILY GREEN LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Redditch.

11 LILY GREEN LANE: Plot and Title Map

11 LILY GREEN LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 11 LILY GREEN 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 11 LILY GREEN 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 11 LILY GREEN LANE?

11 LILY GREEN LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 11 on LILY GREEN LANE.