16, REDDITCH ROAD, ALVECHURCH, BIRMINGHAM, B48 7RZ - £822,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 REDDITCH ROAD is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £822,500 in October 2023, which was around 60% above the average October 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

16 REDDITCH ROAD Sold Prices

Land registry data shows four sales for 16 REDDITCH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 16 REDDITCH ROAD 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
2023 27 OCT	£822,500	£513,251	60% above HPI
2014 3 OCT	£440,000	£333,712	32% above HPI
2000 8 SEP	£245,000	£162,236	51% above HPI
1997 25 APR	£172,500	£114,197	51% above HPI

16 REDDITCH ROAD 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 four 16 REDDITCH ROAD sales between April 1997 and October 2023 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 October 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2023 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 16 REDDITCH ROAD?

16 REDDITCH ROAD is 191m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 16 REDDITCH ROAD lies on this distribution: 82% of detached houses are smaller than 16 REDDITCH ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

16 REDDITCH ROAD: Plot and Title Map

16 REDDITCH ROAD sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of 16 REDDITCH ROAD, 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 REDDITCH ROAD). 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 REDDITCH ROAD?

16 REDDITCH ROAD is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 16 on REDDITCH ROAD.