31, SHIRELAND LANE, REDDITCH, B97 6UB - £357,000

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.

31 SHIRELAND LANE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £343,957. It was last sold for £357,000 in June 2024, which was around 10% below the average June 2024 detached price in the Redditch local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

31 SHIRELAND LANE Sold Prices

Land registry data shows four sales for 31 SHIRELAND 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 Redditch local authority area for the corresponding sale date. Most of the four 31 SHIRELAND LANE 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
2024 3 JUN	£357,000	£395,207	10% below HPI
2021 16 APR	£290,000	£345,131	16% below HPI
2014 19 DEC	£230,000	£248,235	7% below HPI
2000 27 OCT	£133,950	£125,049	7% above HPI

31 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 four 31 SHIRELAND LANE sales between October 2000 and June 2024 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 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 31 SHIRELAND LANE be worth now?

31 SHIRELAND LANE might now be worth an estimated £343,957.

This is based on house price deflation of 3.7%, between June 2024 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 3.7% deflationary decrease is applied to the most recent sale price for 31 SHIRELAND LANE of £357,000 on 3rd June 2024. For the value to have decreased from £357,000 to £343,957 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 31 SHIRELAND LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The June 2024 sale price of £357,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHIRELAND LANE has not materially changed since June 2024.

How Large is 31 SHIRELAND LANE?

31 SHIRELAND LANE is 116m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 31 SHIRELAND LANE lies on this distribution: 57% of detached houses houses are smaller than 31 SHIRELAND LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redditch.

31 SHIRELAND LANE: Plot and Title Map

31 SHIRELAND LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 31 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 31 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 31 SHIRELAND LANE?

31 SHIRELAND LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 31 on SHIRELAND LANE.