37, REDDITCH ROAD, ALVECHURCH, BIRMINGHAM, B48 7RS - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 REDDITCH ROAD is a large extended detached house of 167m², built sometime between 1983 and 1990. It was last sold for £595,000 in August 2020, which was around 37% above the average August 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

37 REDDITCH ROAD Sold Prices

Land registry data shows three sales for 37 REDDITCH 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 Bromsgrove local authority area for the corresponding sale date. All of the three 37 REDDITCH ROAD 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
2020 26 AUG	£595,000	£434,589	37% above HPI
2015 6 JUN	£460,000	£337,271	36% above HPI
2009 13 NOV	£375,000	£293,295	28% above HPI

37 REDDITCH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 37 REDDITCH ROAD sales between November 2009 and August 2020 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 June 2015 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 37 REDDITCH ROAD?

37 REDDITCH ROAD is 167m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 37 REDDITCH ROAD lies on this distribution: 77% of detached houses are smaller than 37 REDDITCH ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

37 REDDITCH ROAD: Plot and Title Map

37 REDDITCH ROAD sits on a plot of roughly 0.545 of an acre, or 2,205m². The below map shows the location of 37 REDDITCH 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 37 REDDITCH 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 37 REDDITCH ROAD?

37 REDDITCH ROAD is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 37 on REDDITCH ROAD.