20, GRAZING LANE, REDDITCH, B97 5PE - £375,000

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

20 GRAZING LANE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £375,000 in January 2021, which was around 5% above the average January 2021 detached price in the Redditch local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

20 GRAZING LANE Sold Prices

Land registry data shows three sales for 20 GRAZING 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. All of the three 20 GRAZING 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
2021 15 JAN	£375,000	£358,139	5% above HPI
2009 23 SEP	£249,000	£219,480	13% above HPI
2000 21 JUL	£129,500	£123,770	5% above HPI

20 GRAZING 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 GRAZING LANE sales between July 2000 and January 2021 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 September 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 20 GRAZING LANE?

20 GRAZING LANE is 116m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 20 GRAZING LANE lies on this distribution: 56% of detached houses are smaller than 20 GRAZING LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redditch.

20 GRAZING LANE: Plot and Title Map

20 GRAZING LANE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 20 GRAZING 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 GRAZING 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 GRAZING LANE?

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