13, NEW ROAD, ASTWOOD BANK, REDDITCH, B96 6AW - £225,000

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.

13 NEW ROAD is a very small extended detached house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £312,332. It was last sold for £225,000 in April 2016, which was around 18% below the average April 2016 detached price in the Redditch local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was F.

13 NEW ROAD Sold Prices

Land registry data shows four sales for 13 NEW ROAD 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 13 NEW 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
2016 1 APR	£225,000	£274,300	18% below HPI
2013 11 OCT	£180,000	£237,457	24% below HPI
2011 17 JUN	£182,500	£226,725	20% below HPI
2004 20 JAN	£155,000	£196,564	21% below HPI

13 NEW 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 four 13 NEW ROAD sales between January 2004 and April 2016 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 13 NEW ROAD be worth now?

13 NEW ROAD might now be worth an estimated £312,332.

This is based on house price inflation of 38.8%, between April 2016 and February 2025, for 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 38.8% inflationary increase is applied to the most recent sale price for 13 NEW ROAD of £225,000 on 1st April 2016. For the value to have increased from £225,000 to £312,332 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 13 NEW ROAD has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 13 NEW ROAD has not materially changed since April 2016.

How Large is 13 NEW ROAD?

13 NEW ROAD is 78m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Astwood Bank, and where 13 NEW ROAD lies on this distribution: 7% of detached houses houses are smaller than 13 NEW ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

13 NEW ROAD: Plot and Title Map

13 NEW ROAD sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 13 NEW 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 13 NEW 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 13 NEW ROAD?

13 NEW ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 13 on NEW ROAD.