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

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 28% 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	£348,777	28% below HPI
2014 18 AUG	£185,000	£256,125	28% below HPI
2005 15 JUL	£163,500	£236,404	31% below HPI
2001 30 NOV	£109,950	£145,678	25% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, which was also at 28% below the HPI.

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 in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 27 KITE LANE lies on this distribution: 8% of detached houses are smaller than 27 KITE LANE, and 92% 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.