27, KITE LANE, REDDITCH, B97 6TT - £250,000

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

27 KITE LANE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £250,000 in October 2020, which was around 26% below the average October 2020 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.

27 KITE LANE Sold Prices

Land registry data shows four sales for 27 KITE 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. All of the four 27 KITE LANE 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
2020 21 OCT	£250,000	£335,964	26% below HPI
2014 18 AUG	£185,000	£246,716	25% below HPI
2005 15 JUL	£163,500	£227,719	28% below HPI
2001 30 NOV	£109,950	£140,327	22% below HPI

27 KITE 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 27 KITE LANE sales between November 2001 and October 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 August 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 27 KITE LANE be worth now?

27 KITE LANE might now be worth an estimated £287,837.

This is based on house price inflation of 15.1%, between October 2020 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 15.1% inflationary increase is applied to the most recent sale price for 27 KITE LANE of £250,000 on 21st October 2020. For the value to have increased from £250,000 to £287,837 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 27 KITE LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 27 KITE LANE has not materially changed since October 2020.

How Large is 27 KITE LANE?

27 KITE LANE is 74m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 27 KITE LANE lies on this distribution: 8% of detached houses houses are smaller than 27 KITE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redditch.

27 KITE LANE: Plot and Title Map

27 KITE LANE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 27 KITE 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 27 KITE 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 27 KITE LANE?

27 KITE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 27 on KITE LANE.