14, GRAZING LANE, REDDITCH, B97 5PE - £352,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 GRAZING LANE is a small detached house of 96m², built sometime between 1983 and 1990. It was last sold for £352,000 in May 2021, which was around 1% above the average May 2021 detached price in the Redditch local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

14 GRAZING LANE Sold Prices

Land registry data shows two sales for 14 GRAZING LANE 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. One of the two 14 GRAZING LANE sales was for above the average price, whilst the other was 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
2021 7 MAY	£352,000	£350,160	1% above HPI
2002 31 JUL	£151,000	£154,197	2% below HPI

14 GRAZING 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 two 14 GRAZING LANE sales from July 2002 and May 2021 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 July 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 14 GRAZING LANE be worth now?

14 GRAZING LANE might now be worth an estimated £388,844.

This is based on house price inflation of 10.5%, between May 2021 and December 2024, 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 10.5% inflationary increase is applied to the most recent sale price for 14 GRAZING LANE of £352,000 on 7th May 2021. For the value to have increased from £352,000 to £388,844 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 14 GRAZING LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The May 2021 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GRAZING LANE has not materially changed since May 2021.

How Large is 14 GRAZING LANE?

14 GRAZING LANE is 96m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% 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 GRAZING LANE lies on this distribution: 30% of detached houses houses are smaller than 14 GRAZING LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 GRAZING LANE: Plot and Title Map

14 GRAZING LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 14 GRAZING 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 GRAZING 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 GRAZING LANE?

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