2, ACRE LANE, WEBHEATH, REDDITCH, B97 5WN - £350,000

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

2 ACRE LANE is a large detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £511,158. It was last sold for £350,000 in July 2015, which was around 32% above the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

2 ACRE LANE Sold Prices

Land registry data shows two sales for 2 ACRE 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 2 ACRE 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
2015 30 JUL	£350,000	£264,857	32% above HPI
1999 27 AUG	£163,950	£105,938	55% above HPI

2 ACRE 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 2 ACRE LANE sales from August 1999 and July 2015 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 August 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 ACRE LANE be worth now?

2 ACRE LANE might now be worth an estimated £511,158.

This is based on house price inflation of 46%, between July 2015 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 46% inflationary increase is applied to the most recent sale price for 2 ACRE LANE of £350,000 on 30th July 2015. For the value to have increased from £350,000 to £511,158 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 ACRE LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ACRE LANE has not materially changed since July 2015.

How Large is 2 ACRE LANE?

2 ACRE LANE is 126m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 2 ACRE LANE lies on this distribution: 68% of detached houses houses are smaller than 2 ACRE LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 ACRE LANE: Plot and Title Map

2 ACRE LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 2 ACRE 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 2 ACRE 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 2 ACRE LANE?

2 ACRE LANE is located in WEBHEATH, in the B97 postcode district. The below map shows the position of No. 2 on ACRE LANE.