28, SHIRELAND LANE, REDDITCH, B97 6UB - £204,500

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

28 SHIRELAND LANE is a large extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £204,500 in January 2014, which was around 13% below the average January 2014 detached price in the Redditch local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

28 SHIRELAND LANE Sold Prices

Land registry data shows five sales for 28 SHIRELAND LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the five 28 SHIRELAND 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
2014 31 JAN	£204,500	£236,199	13% below HPI
2007 25 MAY	£197,500	£238,203	17% below HPI
2004 28 MAY	£203,000	£207,020	2% below HPI
2002 31 OCT	£165,000	£173,609	5% below HPI
2001 20 MAR	£127,950	£127,130	1% above HPI

28 SHIRELAND 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 five 28 SHIRELAND LANE sales between March 2001 and January 2014 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 May 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 28 SHIRELAND LANE be worth now?

28 SHIRELAND LANE might now be worth an estimated £334,899.

This is based on house price inflation of 63.8%, between January 2014 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 63.8% inflationary increase is applied to the most recent sale price for 28 SHIRELAND LANE of £204,500 on 31st January 2014. For the value to have increased from £204,500 to £334,899 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 28 SHIRELAND LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2014 sale price of £204,500 represented a fair market value for the property.
• The size, condition, and specification of 28 SHIRELAND LANE has not materially changed since January 2014.

How Large is 28 SHIRELAND LANE?

28 SHIRELAND LANE is 122m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 28 SHIRELAND LANE lies on this distribution: 64% of detached houses houses are smaller than 28 SHIRELAND LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Redditch.

28 SHIRELAND LANE: Plot and Title Map

28 SHIRELAND LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 28 SHIRELAND 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 28 SHIRELAND 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 28 SHIRELAND LANE?

28 SHIRELAND LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 28 on SHIRELAND LANE.