31, STONEPITS LANE, REDDITCH, B97 5LX - £466,000

31 STONEPITS LANE is a large extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £466,000 in October 2021, which was around 25% above the average October 2021 detached price in the Redditch local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

31 STONEPITS LANE Sold Prices

Land registry data shows two sales for 31 STONEPITS 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 Redditch local authority area for the corresponding sale date. Both of the two 31 STONEPITS 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
2021 18 OCT	£466,000	£372,105	25% above HPI
2010 19 NOV	£310,000	£240,146	29% above HPI

31 STONEPITS 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 two 31 STONEPITS LANE sales from November 2010 and October 2021 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 November 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 31 STONEPITS LANE?

31 STONEPITS LANE is 129m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 31 STONEPITS LANE lies on this distribution: 71% of detached houses are smaller than 31 STONEPITS LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Redditch.

31 STONEPITS LANE: Plot and Title Map

31 STONEPITS LANE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 31 STONEPITS 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 STONEPITS 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 STONEPITS LANE?

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