2A, CHESTNUT ROAD, ASTWOOD BANK, REDDITCH, B96 6AF - £262,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2A CHESTNUT ROAD is a very small detached house of 73m², built sometime between 2003 and 2006. It was last sold for £262,500 in January 2017, which was around 14% below the average January 2017 detached price in the Redditch local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

2A CHESTNUT ROAD Sold Prices

Land registry data shows two sales for 2A CHESTNUT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 2A CHESTNUT ROAD 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
2017 20 JAN	£262,500	£306,718	14% below HPI
2007 28 AUG	£249,950	£251,493	1% below HPI

2A CHESTNUT ROAD 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 two 2A CHESTNUT ROAD sales from August 2007 and January 2017 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2A CHESTNUT ROAD?

2A CHESTNUT ROAD is 73m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 2A CHESTNUT ROAD lies on this distribution: 6% of detached houses are smaller than 2A CHESTNUT ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

2A CHESTNUT ROAD: Plot and Title Map

2A CHESTNUT ROAD sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2A CHESTNUT ROAD, 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 2A CHESTNUT ROAD). 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 2A CHESTNUT ROAD?

2A CHESTNUT ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 2A on CHESTNUT ROAD.