18, MORVILLE STREET, WEBHEATH, REDDITCH, B97 5GZ - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 MORVILLE STREET is a very small semi-detached house of 77m², which could now be worth an estimated £281,634. It was last sold for £245,000 in March 2021, which was around 15% above the average March 2021 semi-detached price in the Redditch local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

18 MORVILLE STREET Sold Prices

Land registry data shows two sales for 18 MORVILLE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 18 MORVILLE STREET 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
2021 22 MAR	£245,000	£212,435	15% above HPI
2017 23 NOV	£207,950	£186,292	12% above HPI

18 MORVILLE STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The two 18 MORVILLE STREET sales from November 2017 and March 2021 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 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 18 MORVILLE STREET be worth now?

18 MORVILLE STREET might now be worth an estimated £281,634.

This is based on house price inflation of 15%, between March 2021 and February 2025, for semi-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 15% inflationary increase is applied to the most recent sale price for 18 MORVILLE STREET of £245,000 on 22nd March 2021. For the value to have increased from £245,000 to £281,634 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 18 MORVILLE STREET has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The March 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MORVILLE STREET has not materially changed since March 2021.

How Large is 18 MORVILLE STREET?

18 MORVILLE STREET is 77m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 18 MORVILLE STREET lies on this distribution: 10% of semi-detached houses houses are smaller than 18 MORVILLE STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 MORVILLE STREET: Plot and Title Map

18 MORVILLE STREET sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 18 MORVILLE STREET, 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 MORVILLE STREET). 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 MORVILLE STREET?

18 MORVILLE STREET is located in WEBHEATH, in the B97 postcode district. The below map shows the position of No. 18 on MORVILLE STREET.