131, HITHER GREEN LANE, REDDITCH, B98 9BN - £570,000

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

131 HITHER GREEN LANE is a large detached house of 191m², built sometime between 1983 and 1990. It was last sold for £570,000 in November 2018, which was around 68% above the average November 2018 detached price in the Redditch local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

131 HITHER GREEN LANE Sold Prices

Land registry data shows three sales for 131 HITHER GREEN 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 131 HITHER GREEN 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	£570,000	£338,956	68% above HPI
2009 17 AUG	£410,000	£220,342	86% above HPI
2001 30 JUL	£249,950	£138,717	80% above HPI

131 HITHER GREEN 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 131 HITHER GREEN LANE sales between July 2001 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 August 2009 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the November 2018 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 131 HITHER GREEN LANE?

131 HITHER GREEN LANE is 191m² according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Bordesley, based on EPC data. The below chart shows the distribution of detached houses by size in Bordesley, and where 131 HITHER GREEN LANE lies on this distribution: 78% of detached houses are smaller than 131 HITHER GREEN LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bordesley.

131 HITHER GREEN LANE: Plot and Title Map

131 HITHER GREEN LANE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 131 HITHER GREEN 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 131 HITHER GREEN 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 131 HITHER GREEN LANE?

131 HITHER GREEN LANE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 131 on HITHER GREEN LANE.