31, RED LANE, MELTHAM, HOLMFIRTH, HD9 5LJ - £535,000

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

31 RED LANE is a very large extended detached house of 203m², built sometime between 1967 and 1975. It was last sold for £535,000 in January 2022, which was around 83% above the average January 2022 detached price in the Kirklees local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

31 RED LANE Sold Prices

Land registry data shows two sales for 31 RED LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Kirklees local authority area for the corresponding sale date. Both of the two 31 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
2022 26 JAN	£535,000	£291,716	83% above HPI
2001 1 OCT	£177,000	£99,935	77% above HPI

31 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 two 31 RED LANE sales from October 2001 and January 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 October 2001 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the January 2022 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 31 RED LANE?

31 RED LANE is 203m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Meltham, based on EPC data. The below chart shows the distribution of detached houses by size in Meltham, and where 31 RED LANE lies on this distribution: 95% of detached houses are smaller than 31 RED LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Meltham.

31 RED LANE: Plot and Title Map

31 RED LANE sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of 31 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 31 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 31 RED LANE?

31 RED LANE is located in MELTHAM, in the HD9 postcode district. The below map shows the position of No. 31 on RED LANE.