14, ALDERMANS LANE, REDDITCH, B97 6TJ - £260,000

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.

14 ALDERMANS LANE is a very large detached house of 171m², built sometime between 1996 and 2002, which could now be worth an estimated £434,611. It was last sold for £260,000 in July 2012, which was around 14% above the average July 2012 detached price in the Redditch local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

14 ALDERMANS LANE Sold Prices

Land registry data shows three sales for 14 ALDERMANS 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 14 ALDERMANS 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
2012 13 JUL	£260,000	£227,789	14% above HPI
2005 16 AUG	£275,000	£231,214	19% above HPI
1999 12 NOV	£142,995	£110,227	30% above HPI

14 ALDERMANS 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 14 ALDERMANS LANE sales between November 1999 and July 2012 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 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2012 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 14 ALDERMANS LANE be worth now?

14 ALDERMANS LANE might now be worth an estimated £434,611.

This is based on house price inflation of 67.2%, between July 2012 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 67.2% inflationary increase is applied to the most recent sale price for 14 ALDERMANS LANE of £260,000 on 13th July 2012. For the value to have increased from £260,000 to £434,611 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 14 ALDERMANS LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2012 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ALDERMANS LANE has not materially changed since July 2012.

How Large is 14 ALDERMANS LANE?

14 ALDERMANS LANE is 171m² according to the EPC inspection conducted in January 2012. This puts it in the largest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 14 ALDERMANS LANE lies on this distribution: 93% of detached houses houses are smaller than 14 ALDERMANS LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 ALDERMANS LANE: Plot and Title Map

14 ALDERMANS LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 14 ALDERMANS 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 14 ALDERMANS 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 14 ALDERMANS LANE?

14 ALDERMANS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 14 on ALDERMANS LANE.