2, WIREHILL DRIVE, REDDITCH, B98 7JS - £222,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 WIREHILL DRIVE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £222,000 in October 2016, which was around 26% below the average October 2016 detached price in the Redditch local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

2 WIREHILL DRIVE Sold Prices

Land registry data shows two sales for 2 WIREHILL DRIVE 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 WIREHILL DRIVE 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
2016 7 OCT	£222,000	£299,804	26% below HPI
2011 21 APR	£165,000	£229,853	28% below HPI

2 WIREHILL DRIVE 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 WIREHILL DRIVE sales from April 2011 and October 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 April 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 WIREHILL DRIVE?

2 WIREHILL DRIVE is 85m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 2 WIREHILL DRIVE lies on this distribution: 17% of detached houses are smaller than 2 WIREHILL DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 WIREHILL DRIVE: Plot and Title Map

2 WIREHILL DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2 WIREHILL DRIVE, 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 WIREHILL DRIVE). 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 WIREHILL DRIVE?

2 WIREHILL DRIVE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 2 on WIREHILL DRIVE.