118, APPLETREE LANE, REDDITCH, B97 6TS - £195,000

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.

118 APPLETREE LANE is a very small semi-detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £213,784. It was last sold for £195,000 in September 2021, which was around 12% below the average September 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

118 APPLETREE LANE Sold Prices

Land registry data shows three sales for 118 APPLETREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Two of the three 118 APPLETREE LANE sales were for below the average price, whilst one was 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
2021 27 SEP	£195,000	£222,744	12% below HPI
2006 2 OCT	£140,000	£147,355	5% below HPI
2001 28 JUN	£89,995	£74,729	20% above HPI

118 APPLETREE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The three 118 APPLETREE LANE sales between June 2001 and September 2021 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 118 APPLETREE LANE be worth now?

118 APPLETREE LANE might now be worth an estimated £213,784.

This is based on house price inflation of 9.6%, between September 2021 and February 2025, for semi-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 9.6% inflationary increase is applied to the most recent sale price for 118 APPLETREE LANE of £195,000 on 27th September 2021. For the value to have increased from £195,000 to £213,784 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 118 APPLETREE LANE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 118 APPLETREE LANE has not materially changed since September 2021.

How Large is 118 APPLETREE LANE?

118 APPLETREE LANE is 54m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 118 APPLETREE LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 118 APPLETREE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

118 APPLETREE LANE: Plot and Title Map

118 APPLETREE LANE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 118 APPLETREE 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 118 APPLETREE 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 118 APPLETREE LANE?

118 APPLETREE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 118 on APPLETREE LANE.