4, SHIRELAND LANE, REDDITCH, B97 6UB - £314,000

4 SHIRELAND LANE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £314,000 in May 2019, which was around 5% below the average May 2019 detached price in the Redditch local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

4 SHIRELAND LANE Sold Prices

Land registry data shows three sales for 4 SHIRELAND 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. One of the three 4 SHIRELAND LANE sales was for below the average price, whilst two 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
2019 29 MAY	£314,000	£330,405	5% below HPI
2011 3 JUN	£240,000	£235,372	2% above HPI
2000 24 MAR	£137,450	£113,541	21% above HPI

4 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 three 4 SHIRELAND LANE sales between March 2000 and May 2019 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 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 SHIRELAND LANE?

4 SHIRELAND LANE is 117m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% 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 SHIRELAND LANE lies on this distribution: 57% of detached houses are smaller than 4 SHIRELAND LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redditch.

4 SHIRELAND LANE: Plot and Title Map

4 SHIRELAND LANE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 4 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 4 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 4 SHIRELAND LANE?

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