40, MARLPOOL DRIVE, REDDITCH, B97 4RX - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 MARLPOOL DRIVE is a very small extended detached house of 73m², built sometime between 1983 and 1990. It was last sold for £249,000 in July 2019, which was around 24% below the average July 2019 detached price in the Redditch local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

40 MARLPOOL DRIVE Sold Prices

Land registry data shows four sales for 40 MARLPOOL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 40 MARLPOOL DRIVE 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
2019 5 JUL	£249,000	£329,429	24% below HPI
2012 11 MAY	£180,000	£229,253	21% below HPI
2007 15 JUN	£180,000	£248,353	28% below HPI
1999 19 NOV	£85,950	£114,431	25% below HPI

40 MARLPOOL DRIVE 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 four 40 MARLPOOL DRIVE sales between November 1999 and July 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 May 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 MARLPOOL DRIVE?

40 MARLPOOL DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 40 MARLPOOL DRIVE lies on this distribution: 7% of detached houses are smaller than 40 MARLPOOL DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

40 MARLPOOL DRIVE: Plot and Title Map

40 MARLPOOL DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 40 MARLPOOL DRIVE, 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 40 MARLPOOL DRIVE). 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 40 MARLPOOL DRIVE?

40 MARLPOOL DRIVE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 40 on MARLPOOL DRIVE.