12, ALDERMANS LANE, REDDITCH, B97 6TJ - £420,000

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

12 ALDERMANS LANE is a very large extended detached house of 158m², built sometime between 1996 and 2002. It was last sold for £420,000 in August 2019, which was around 26% above the average August 2019 detached price in the Redditch local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

12 ALDERMANS LANE Sold Prices

Land registry data shows four sales for 12 ALDERMANS LANE 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 12 ALDERMANS 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
2019 19 AUG	£420,000	£334,017	26% above HPI
2007 5 JUL	£282,000	£249,482	13% above HPI
2004 16 JUL	£283,500	£215,644	31% above HPI
2000 27 JAN	£183,995	£115,204	60% above HPI

12 ALDERMANS 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 four 12 ALDERMANS LANE sales between January 2000 and August 2019 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 July 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 12 ALDERMANS LANE?

12 ALDERMANS LANE is 158m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 12 ALDERMANS LANE lies on this distribution: 90% of detached houses are smaller than 12 ALDERMANS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Redditch.

12 ALDERMANS LANE: Plot and Title Map

12 ALDERMANS LANE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 12 ALDERMANS 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 12 ALDERMANS 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 12 ALDERMANS LANE?

12 ALDERMANS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 12 on ALDERMANS LANE.