13, RED LION STREET, ALVECHURCH, BIRMINGHAM, B48 7LG - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

13 RED LION STREET is a small extended detached house of 101m², built sometime before 1900. It was last sold for £225,000 in December 2006, which was around 26% below the average December 2006 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

13 RED LION STREET Sold Prices

Land registry data shows three sales for 13 RED LION STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Two of the three 13 RED LION STREET sales were for below the average price, whilst one was 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
2006 1 DEC	£225,000	£303,249	26% below HPI
1997 5 JUN	£121,000	£116,932	3% above HPI
1997 17 JAN	£50,000	£112,198	55% below HPI

13 RED LION STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 13 RED LION STREET sales between January 1997 and December 2006 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 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 13 RED LION STREET?

13 RED LION STREET is 101m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 13 RED LION STREET lies on this distribution: 25% of detached houses are smaller than 13 RED LION STREET, and 75% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

13 RED LION STREET: Plot and Title Map

13 RED LION STREET sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 13 RED LION STREET, 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 RED LION STREET). 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 RED LION STREET?

13 RED LION STREET is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 13 on RED LION STREET.