163, STUDLEY ROAD, REDDITCH, B98 7HR - £297,500

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

163 STUDLEY ROAD is a midsized extended detached house of 112m², built sometime between 2003 and 2006. It was last sold for £297,500 in October 2019, which was around 12% below the average October 2019 detached price in the Redditch local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

163 STUDLEY ROAD Sold Prices

Land registry data shows three sales for 163 STUDLEY ROAD 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. Two of the three 163 STUDLEY ROAD sales were for below the average price, whilst one was 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 11 OCT	£297,500	£339,325	12% below HPI
2011 28 JUL	£205,000	£234,439	13% below HPI
2000 28 FEB	£125,000	£114,489	9% above HPI

163 STUDLEY ROAD 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 163 STUDLEY ROAD sales between February 2000 and October 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 July 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 163 STUDLEY ROAD?

163 STUDLEY ROAD is 112m², which includes one extension, according to the EPC inspection conducted in November 2021. 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 163 STUDLEY ROAD lies on this distribution: 50% of detached houses are smaller than 163 STUDLEY ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Redditch.

163 STUDLEY ROAD: Plot and Title Map

163 STUDLEY ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 163 STUDLEY 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 163 STUDLEY 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 163 STUDLEY ROAD?

163 STUDLEY ROAD is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 163 on STUDLEY ROAD.