126, MALVERN ROAD, REDDITCH, B97 5DR - £190,000

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

126 MALVERN ROAD is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £190,000 in February 2018, which was around 41% below the average February 2018 detached price in the Redditch local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

126 MALVERN ROAD Sold Prices

Land registry data shows two sales for 126 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 126 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
2018 23 FEB	£190,000	£320,861	41% below HPI
2014 29 AUG	£133,000	£256,125	48% below HPI

126 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 126 MALVERN ROAD sales from August 2014 and February 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 August 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 126 MALVERN ROAD?

126 MALVERN ROAD is 59m² according to the EPC inspection conducted in April 2016. 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 126 MALVERN ROAD lies on this distribution: 2% of detached houses are smaller than 126 MALVERN ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Redditch.

126 MALVERN ROAD: Plot and Title Map

126 MALVERN ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 126 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 126 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 126 MALVERN ROAD?

126 MALVERN ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 126 on MALVERN ROAD.