15, RED LION STREET, ALVECHURCH, BIRMINGHAM, B48 7LG - £97,500

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

15 RED LION STREET is a very small extended detached house of 86m², built sometime before 1900. It was last sold for £97,500 in October 1998, which was around 28% below the average October 1998 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

15 RED LION STREET Sold Prices

Land registry data shows two sales for 15 RED LION STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 15 RED LION STREET 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
1998 6 OCT	£97,500	£135,370	28% below HPI
1996 13 DEC	£80,000	£109,015	27% below HPI

15 RED LION STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 15 RED LION STREET sales from December 1996 and October 1998 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 December 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 1998 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 RED LION STREET?

15 RED LION STREET is 86m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 15 RED LION STREET lies on this distribution: 9% of detached houses are smaller than 15 RED LION STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

15 RED LION STREET: Plot and Title Map

15 RED LION STREET sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 15 RED LION STREET, 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 RED LION STREET). 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 RED LION STREET?

15 RED LION STREET is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 15 on RED LION STREET.