29, RED LANE, MELTHAM, HOLMFIRTH, HD9 5LJ - £382,500

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.

29 RED LANE is a very large extended detached house of 157m², built sometime between 1976 and 1982, which could now be worth an estimated £506,054. It was last sold for £382,500 in February 2020, which was around 49% above the average February 2020 detached price in the Kirklees local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

29 RED LANE Sold Prices

Land registry data shows four sales for 29 RED 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 Kirklees local authority area for the corresponding sale date. All of the four 29 RED 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
2020 7 FEB	£382,500	£257,218	49% above HPI
2014 10 APR	£332,000	£205,047	62% above HPI
2004 17 MAR	£330,000	£159,889	106% above HPI
2000 29 SEP	£152,500	£94,242	62% above HPI

29 RED LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Kirklees local authority area over time, sourced from the HPI. The four 29 RED LANE sales between September 2000 and February 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 April 2014 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the February 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 29 RED LANE be worth now?

29 RED LANE might now be worth an estimated £506,054.

This is based on house price inflation of 32.3%, between February 2020 and February 2025, for detached houses, in the Kirklees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.3% inflationary increase is applied to the most recent sale price for 29 RED LANE of £382,500 on 7th February 2020. For the value to have increased from £382,500 to £506,054 over the five years to February 2025, the following assumptions must hold true:

• The value of 29 RED LANE has moved in line with the HPI for detached houses in the Kirklees local authority area.
• The February 2020 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 29 RED LANE has not materially changed since February 2020.

How Large is 29 RED LANE?

29 RED LANE is 157m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses houses in Meltham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Meltham, and where 29 RED LANE lies on this distribution: 87% of detached houses houses are smaller than 29 RED LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Meltham.

29 RED LANE: Plot and Title Map

29 RED LANE sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 29 RED 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 29 RED 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 29 RED LANE?

29 RED LANE is located in MELTHAM, in the HD9 postcode district. The below map shows the position of No. 29 on RED LANE.