4, FAXFLEET STREET, WEBHEATH, REDDITCH, B97 5BX - £450,000

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.

4 FAXFLEET STREET is a large detached house of 133m², which could now be worth an estimated £478,038. It was last sold for £450,000 in October 2021, which was around 26% above the average October 2021 detached price in the Redditch local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

4 FAXFLEET STREET Sold Prices

Land registry data shows two sales for 4 FAXFLEET STREET 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 4 FAXFLEET STREET 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 29 OCT	£450,000	£358,435	26% above HPI
2018 6 DEC	£385,950	£321,703	20% above HPI

4 FAXFLEET STREET 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 4 FAXFLEET STREET sales from December 2018 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 December 2018 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 4 FAXFLEET STREET be worth now?

4 FAXFLEET STREET might now be worth an estimated £478,038.

This is based on house price inflation of 6.2%, between October 2021 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 6.2% inflationary increase is applied to the most recent sale price for 4 FAXFLEET STREET of £450,000 on 29th October 2021. For the value to have increased from £450,000 to £478,038 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 FAXFLEET STREET has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FAXFLEET STREET has not materially changed since October 2021.

How Large is 4 FAXFLEET STREET?

4 FAXFLEET STREET is 133m² according to the EPC inspection conducted in November 2018. This puts it in the largest 30% 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 4 FAXFLEET STREET lies on this distribution: 76% of detached houses houses are smaller than 4 FAXFLEET STREET, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 FAXFLEET STREET: Plot and Title Map

4 FAXFLEET STREET sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 4 FAXFLEET STREET, 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 FAXFLEET STREET). 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 FAXFLEET STREET?

4 FAXFLEET STREET is located in WEBHEATH, in the B97 postcode district. The below map shows the position of No. 4 on FAXFLEET STREET.