20, GREAT BARN LANE, REDDITCH, B97 5XE - £330,000

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.

20 GREAT BARN LANE is a small detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £379,089. It was last sold for £330,000 in July 2020, which was about the average July 2020 detached price in the Redditch local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

20 GREAT BARN LANE Sold Prices

Land registry data shows four sales for 20 GREAT BARN 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 Redditch local authority area for the corresponding sale date. The four 20 GREAT BARN LANE sales were a mix of roughly equal to the average price, and 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
2020 3 JUL	£330,000	£331,462	Close to HPI
2014 26 NOV	£49,731	£247,616	80% below HPI
2008 15 AUG	£222,500	£233,584	5% below HPI
1998 14 AUG	£89,000	£100,287	11% below HPI

20 GREAT BARN 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 four 20 GREAT BARN LANE sales between August 1998 and July 2020 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 November 2014 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the July 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 20 GREAT BARN LANE be worth now?

20 GREAT BARN LANE might now be worth an estimated £379,089.

This is based on house price inflation of 14.9%, between July 2020 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 14.9% inflationary increase is applied to the most recent sale price for 20 GREAT BARN LANE of £330,000 on 3rd July 2020. For the value to have increased from £330,000 to £379,089 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 20 GREAT BARN LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GREAT BARN LANE has not materially changed since July 2020.

How Large is 20 GREAT BARN LANE?

20 GREAT BARN LANE is 98m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 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 GREAT BARN LANE lies on this distribution: 32% of detached houses houses are smaller than 20 GREAT BARN LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redditch.

20 GREAT BARN LANE: Plot and Title Map

20 GREAT BARN LANE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 20 GREAT BARN 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 GREAT BARN 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 GREAT BARN LANE?

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