121, CARTHORSE LANE, REDDITCH, B97 6SZ - £380,000

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

121 CARTHORSE LANE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £380,000 in November 2018, which was around 12% above the average November 2018 detached price in the Redditch local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

121 CARTHORSE LANE Sold Prices

Land registry data shows three sales for 121 CARTHORSE 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. All of the three 121 CARTHORSE 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
2018 2 NOV	£380,000	£338,956	12% above HPI
2015 9 NOV	£280,000	£274,679	2% above HPI
1998 18 DEC	£129,750	£104,687	24% above HPI

121 CARTHORSE 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 121 CARTHORSE LANE sales between December 1998 and November 2018 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 November 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 121 CARTHORSE LANE?

121 CARTHORSE LANE is 117m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 121 CARTHORSE LANE lies on this distribution: 57% of detached houses are smaller than 121 CARTHORSE LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Redditch.

121 CARTHORSE LANE: Plot and Title Map

121 CARTHORSE LANE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 121 CARTHORSE 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 121 CARTHORSE 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 121 CARTHORSE LANE?

121 CARTHORSE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 121 on CARTHORSE LANE.