16, GREAT HOCKINGS LANE, WEBHEATH, REDDITCH, B97 5WL - £465,000

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

16 GREAT HOCKINGS LANE is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £465,000 in September 2019, which was around 43% above the average September 2019 detached price in the Redditch local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

16 GREAT HOCKINGS LANE Sold Prices

Land registry data shows four sales for 16 GREAT HOCKINGS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 16 GREAT HOCKINGS 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
2019 25 SEP	£465,000	£325,029	43% above HPI
2012 14 SEP	£310,000	£228,992	35% above HPI
2002 19 MAR	£229,500	£147,790	55% above HPI
1999 21 DEC	£180,000	£111,285	62% above HPI

16 GREAT HOCKINGS 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 four 16 GREAT HOCKINGS LANE sales between December 1999 and September 2019 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 September 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 16 GREAT HOCKINGS LANE be worth now?

16 GREAT HOCKINGS LANE might now be worth an estimated £553,388.

This is based on house price inflation of 19%, between September 2019 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 19% inflationary increase is applied to the most recent sale price for 16 GREAT HOCKINGS LANE of £465,000 on 25th September 2019. For the value to have increased from £465,000 to £553,388 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 GREAT HOCKINGS LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2019 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GREAT HOCKINGS LANE has not materially changed since September 2019.

How Large is 16 GREAT HOCKINGS LANE?

16 GREAT HOCKINGS LANE is 169m², which includes two extensions, according to the EPC inspection conducted in July 2015. 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 16 GREAT HOCKINGS LANE lies on this distribution: 93% of detached houses houses are smaller than 16 GREAT HOCKINGS LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redditch.

16 GREAT HOCKINGS LANE: Plot and Title Map

16 GREAT HOCKINGS LANE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 16 GREAT HOCKINGS 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 16 GREAT HOCKINGS 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 16 GREAT HOCKINGS LANE?

16 GREAT HOCKINGS LANE is located in WEBHEATH, in the B97 postcode district. The below map shows the position of No. 16 on GREAT HOCKINGS LANE.