173, STUDLEY ROAD, REDDITCH, B98 7HR - £270,000

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

173 STUDLEY ROAD is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £270,000 in June 2017, which was around 13% below the average June 2017 detached price in the Redditch local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

173 STUDLEY ROAD Sold Prices

Land registry data shows three sales for 173 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. The three 173 STUDLEY ROAD sales were a mix of below the average price, and roughly equal to 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
2017 23 JUN	£270,000	£309,523	13% below HPI
2004 6 APR	£174,950	£214,435	18% below HPI
2000 14 JAN	£115,500	£115,204	Close to HPI

173 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 173 STUDLEY ROAD sales between January 2000 and June 2017 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 April 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 173 STUDLEY ROAD?

173 STUDLEY ROAD is 110m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 173 STUDLEY ROAD lies on this distribution: 47% of detached houses are smaller than 173 STUDLEY ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Redditch.

173 STUDLEY ROAD: Plot and Title Map

173 STUDLEY ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 173 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 173 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 173 STUDLEY ROAD?

173 STUDLEY ROAD is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 173 on STUDLEY ROAD.