2, REDLAND LANE, WESTBURY, BA13 3QA - £275,000

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

2 REDLAND LANE is a very large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £275,000 in August 2019, which was around 34% below the average August 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

2 REDLAND LANE Sold Prices

Land registry data shows four sales for 2 REDLAND LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 2 REDLAND LANE sales were for below 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
2019 13 AUG	£275,000	£416,095	34% below HPI
2019 28 JUN	£277,500	£407,636	32% below HPI
2010 9 AUG	£230,000	£312,176	26% below HPI
2006 25 JUL	£220,000	£301,509	27% below HPI

2 REDLAND LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four 2 REDLAND LANE sales between July 2006 and August 2019 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 June 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 REDLAND LANE?

2 REDLAND LANE is 164m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 10% of detached houses in Westbury, based on EPC data. The below chart shows the distribution of detached houses by size in Westbury, and where 2 REDLAND LANE lies on this distribution: 90% of detached houses are smaller than 2 REDLAND LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Westbury.

2 REDLAND LANE: Plot and Title Map

2 REDLAND LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 2 REDLAND 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 REDLAND 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 REDLAND LANE?

2 REDLAND LANE is located in WESTBURY, in the BA13 postcode district. The below map shows the position of No. 2 on REDLAND LANE.