3, HARRISON ROAD, REDDITCH, B97 5BP - £385,000

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.

3 HARRISON ROAD is a small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £368,427. It was last sold for £385,000 in December 2022, which was around 3% below the average December 2022 detached price in the Redditch local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

3 HARRISON ROAD Sold Prices

Land registry data shows three sales for 3 HARRISON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 3 HARRISON 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
2022 16 DEC	£385,000	£397,896	3% below HPI
2021 4 FEB	£310,000	£340,954	9% below HPI
2013 28 JUN	£180,000	£227,232	21% below HPI

3 HARRISON 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 three 3 HARRISON ROAD sales between June 2013 and December 2022 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 February 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 HARRISON ROAD be worth now?

3 HARRISON ROAD might now be worth an estimated £368,427.

This is based on house price deflation of 4.3%, between December 2022 and February 2025, 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 4.3% deflationary decrease is applied to the most recent sale price for 3 HARRISON ROAD of £385,000 on 16th December 2022. For the value to have decreased from £385,000 to £368,427 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 HARRISON ROAD has moved in line with the HPI for detached houses in the Redditch local authority area.
• The December 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HARRISON ROAD has not materially changed since December 2022.

How Large is 3 HARRISON ROAD?

3 HARRISON ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% 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 3 HARRISON ROAD lies on this distribution: 27% of detached houses houses are smaller than 3 HARRISON ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 HARRISON ROAD: Plot and Title Map

3 HARRISON ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 3 HARRISON 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 3 HARRISON 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 3 HARRISON ROAD?

3 HARRISON ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 3 on HARRISON ROAD.