246, SALTERS LANE, REDDITCH, B97 6JG - £154,950

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

246 SALTERS LANE is a very small semi-detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £271,503. It was last sold for £154,950 in October 2005, which was around 9% above the average October 2005 semi-detached price in the Redditch local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

246 SALTERS LANE Sold Prices

Land registry data shows two sales for 246 SALTERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redditch local authority area for the corresponding sale date. Both of the two 246 SALTERS 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
2005 21 OCT	£154,950	£141,778	9% above HPI
2003 15 SEP	£150,000	£113,874	32% above HPI

246 SALTERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The two 246 SALTERS LANE sales from September 2003 and October 2005 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 2003 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2005 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 246 SALTERS LANE be worth now?

246 SALTERS LANE might now be worth an estimated £271,503.

This is based on house price inflation of 75.2%, between October 2005 and December 2024, for semi-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 75.2% inflationary increase is applied to the most recent sale price for 246 SALTERS LANE of £154,950 on 21st October 2005. For the value to have increased from £154,950 to £271,503 over the eighteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 246 SALTERS LANE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The October 2005 sale price of £154,950 represented a fair market value for the property.
• The size, condition, and specification of 246 SALTERS LANE has not materially changed since October 2005.

How Large is 246 SALTERS LANE?

246 SALTERS LANE is 77m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 246 SALTERS LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 246 SALTERS LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

246 SALTERS LANE: Plot and Title Map

246 SALTERS LANE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 246 SALTERS 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 246 SALTERS 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 246 SALTERS LANE?

246 SALTERS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 246 on SALTERS LANE.