2, BLACKWELL LANE, REDDITCH, B97 6SS - £380,000

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.

2 BLACKWELL LANE is a very large extended detached house of 184m², built sometime between 1996 and 2002, which could now be worth an estimated £513,246. It was last sold for £380,000 in July 2016, which was around 35% above the average July 2016 detached price in the Redditch local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

2 BLACKWELL LANE Sold Prices

Land registry data shows five sales for 2 BLACKWELL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 2 BLACKWELL 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
2016 19 JUL	£380,000	£281,915	35% above HPI
2013 11 DEC	£315,000	£238,580	32% above HPI
2006 29 SEP	£303,000	£234,323	29% above HPI
2001 9 FEB	£210,000	£126,311	66% above HPI
1998 12 MAR	£152,500	£94,306	62% above HPI

2 BLACKWELL 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 five 2 BLACKWELL LANE sales between March 1998 and July 2016 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 December 2013 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2016 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 BLACKWELL LANE be worth now?

2 BLACKWELL LANE might now be worth an estimated £513,246.

This is based on house price inflation of 35.1%, between July 2016 and February 2025, 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 35.1% inflationary increase is applied to the most recent sale price for 2 BLACKWELL LANE of £380,000 on 19th July 2016. For the value to have increased from £380,000 to £513,246 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 2 BLACKWELL LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2016 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKWELL LANE has not materially changed since July 2016.

How Large is 2 BLACKWELL LANE?

2 BLACKWELL LANE is 184m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% 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 BLACKWELL LANE lies on this distribution: 96% of detached houses houses are smaller than 2 BLACKWELL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 BLACKWELL LANE: Plot and Title Map

2 BLACKWELL LANE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 2 BLACKWELL 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 BLACKWELL 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 BLACKWELL LANE?

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