18, DAIRY LANE, REDDITCH, B97 6TR - £249,950

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

18 DAIRY LANE is a midsized extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £249,950 in February 2006, which was around 14% above the average February 2006 detached price in the Redditch local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

18 DAIRY LANE Sold Prices

Land registry data shows two sales for 18 DAIRY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 18 DAIRY 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
2006 16 FEB	£249,950	£219,788	14% above HPI
2000 30 NOV	£144,995	£124,903	16% above HPI

18 DAIRY 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 two 18 DAIRY LANE sales from November 2000 and February 2006 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 November 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2006 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 18 DAIRY LANE be worth now?

18 DAIRY LANE might now be worth an estimated £439,894.

This is based on house price inflation of 76%, between February 2006 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 76% inflationary increase is applied to the most recent sale price for 18 DAIRY LANE of £249,950 on 16th February 2006. For the value to have increased from £249,950 to £439,894 over the seventeen years and two months to December 2024, the following assumptions must hold true:

• The value of 18 DAIRY LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The February 2006 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 18 DAIRY LANE has not materially changed since February 2006.

How Large is 18 DAIRY LANE?

18 DAIRY LANE is 105m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% 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 18 DAIRY LANE lies on this distribution: 41% of detached houses houses are smaller than 18 DAIRY LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 DAIRY LANE: Plot and Title Map

18 DAIRY LANE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 18 DAIRY 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 18 DAIRY 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 18 DAIRY LANE?

18 DAIRY LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 18 on DAIRY LANE.