14, HOME MEADOW LANE, REDDITCH, B98 9NE - £213,000

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

14 HOME MEADOW LANE is a small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £213,000 in November 2013, which was around 14% below the average November 2013 detached price in the Redditch local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

14 HOME MEADOW LANE Sold Prices

Land registry data shows two sales for 14 HOME MEADOW 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. Both of the two 14 HOME MEADOW LANE 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
2013 22 NOV	£213,000	£249,111	14% below HPI
2007 4 JUL	£194,000	£249,482	22% below HPI

14 HOME MEADOW 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 HOME MEADOW LANE sales from July 2007 and November 2013 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 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 14 HOME MEADOW LANE?

14 HOME MEADOW LANE is 99m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 14 HOME MEADOW LANE lies on this distribution: 33% of detached houses are smaller than 14 HOME MEADOW LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 HOME MEADOW LANE: Plot and Title Map

14 HOME MEADOW LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 14 HOME MEADOW 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 HOME MEADOW 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 HOME MEADOW LANE?

14 HOME MEADOW LANE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 14 on HOME MEADOW LANE.