15, FURZE LANE, REDDITCH, B98 0SE - £353,000

15 FURZE LANE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £353,000 in September 2022, which was around 15% below the average September 2022 detached price in the Redditch local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

15 FURZE LANE Sold Prices

Land registry data shows three sales for 15 FURZE 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 15 FURZE 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
2022 29 SEP	£353,000	£412,990	15% below HPI
2021 11 AUG	£346,000	£367,183	6% below HPI
2013 16 MAY	£230,000	£238,943	4% below HPI

15 FURZE 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 15 FURZE LANE sales between May 2013 and September 2022 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 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 15 FURZE LANE?

15 FURZE LANE is 113m² according to the EPC inspection conducted in September 2012. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 15 FURZE LANE lies on this distribution: 52% of detached houses are smaller than 15 FURZE LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Redditch.

15 FURZE LANE: Plot and Title Map

15 FURZE LANE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 15 FURZE 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 15 FURZE 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 15 FURZE LANE?

15 FURZE LANE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 15 on FURZE LANE.