4, DAIRY LANE, REDDITCH, B97 6TR - £267,000

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

4 DAIRY LANE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £267,000 in June 2018, which was around 16% below the average June 2018 detached price in the Redditch local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

4 DAIRY LANE Sold Prices

Land registry data shows three sales for 4 DAIRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 4 DAIRY 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
2018 22 JUN	£267,000	£319,340	16% below HPI
2009 28 AUG	£187,000	£220,342	15% below HPI
2000 19 MAY	£107,995	£120,173	10% below HPI

4 DAIRY 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 three 4 DAIRY LANE sales between May 2000 and June 2018 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 August 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 DAIRY LANE?

4 DAIRY LANE is 98m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 4 DAIRY LANE lies on this distribution: 32% of detached houses are smaller than 4 DAIRY LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 DAIRY LANE: Plot and Title Map

4 DAIRY LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 4 DAIRY 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 4 DAIRY 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 4 DAIRY LANE?

4 DAIRY LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 4 on DAIRY LANE.