20, ALDERMANS LANE, REDDITCH, B97 6TJ - £395,000

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

20 ALDERMANS LANE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £395,000 in June 2024, which was about the average June 2024 detached price in the Redditch local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

20 ALDERMANS LANE Sold Prices

Land registry data shows three sales for 20 ALDERMANS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. The three 20 ALDERMANS LANE sales were a mix of roughly equal to the average price, and 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
2024 24 JUN	£395,000	£395,412	Close to HPI
2001 16 JUL	£146,000	£133,621	9% above HPI
1999 1 OCT	£134,500	£109,922	22% above HPI

20 ALDERMANS 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 three 20 ALDERMANS LANE sales between October 1999 and June 2024 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 July 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 20 ALDERMANS LANE be worth now?

20 ALDERMANS LANE might now be worth an estimated £386,408.

This is based on house price deflation of 2.2%, between June 2024 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 2.2% deflationary decrease is applied to the most recent sale price for 20 ALDERMANS LANE of £395,000 on 24th June 2024. For the value to have decreased from £395,000 to £386,408 over the six months to December 2024, the following assumptions must hold true:

• The value of 20 ALDERMANS LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 20 ALDERMANS LANE has not materially changed since June 2024.

How Large is 20 ALDERMANS LANE?

20 ALDERMANS LANE is 123m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 20 ALDERMANS LANE lies on this distribution: 65% of detached houses houses are smaller than 20 ALDERMANS LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Redditch.

20 ALDERMANS LANE: Plot and Title Map

20 ALDERMANS LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 20 ALDERMANS 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 20 ALDERMANS 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 20 ALDERMANS LANE?

20 ALDERMANS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 20 on ALDERMANS LANE.