124, MALVERN ROAD, REDDITCH, B97 5DR - £230,000

124 MALVERN ROAD is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £230,000 in October 2017, which was around 27% below the average October 2017 detached price in the Redditch local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

124 MALVERN ROAD Sold Prices

Land registry data shows two sales for 124 MALVERN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 124 MALVERN 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
2017 11 OCT	£230,000	£314,559	27% below HPI
2013 5 JUN	£155,000	£235,898	34% below HPI

124 MALVERN 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 two 124 MALVERN ROAD sales from June 2013 and October 2017 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 June 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 124 MALVERN ROAD?

124 MALVERN ROAD is 55m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 124 MALVERN ROAD lies on this distribution: 1% of detached houses are smaller than 124 MALVERN ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

124 MALVERN ROAD: Plot and Title Map

124 MALVERN ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 124 MALVERN 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 124 MALVERN 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 124 MALVERN ROAD?

124 MALVERN ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 124 on MALVERN ROAD.