3, SHIRELAND LANE, REDDITCH, B97 6UB - £320,000

3 SHIRELAND LANE is a large extended detached house of 131m², built sometime between 2003 and 2006. It was last sold for £320,000 in December 2017, which was around 1% above the average December 2017 detached price in the Redditch local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

3 SHIRELAND LANE Sold Prices

Land registry data shows five sales for 3 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 3 SHIRELAND 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
2017 19 DEC	£320,000	£316,858	1% above HPI
2008 18 JUL	£239,950	£244,883	2% below HPI
2005 9 DEC	£232,000	£233,996	1% below HPI
2004 6 FEB	£215,000	£207,530	4% above HPI
2000 24 MAR	£140,000	£113,541	23% above HPI

3 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 3 SHIRELAND LANE sales between March 2000 and December 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 July 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 SHIRELAND LANE?

3 SHIRELAND LANE is 131m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 3 SHIRELAND LANE lies on this distribution: 73% of detached houses are smaller than 3 SHIRELAND LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 SHIRELAND LANE: Plot and Title Map

3 SHIRELAND LANE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 3 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 3 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 3 SHIRELAND LANE?

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