40, NINE DAYS LANE, REDDITCH, B98 7TE - £226,000

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.

40 NINE DAYS LANE is a very large detached house of 142m², built sometime between 1996 and 2002, which could now be worth an estimated £379,785. It was last sold for £226,000 in October 2012, which was about the average October 2012 detached price in the Redditch local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

40 NINE DAYS LANE Sold Prices

Land registry data shows four sales for 40 NINE DAYS LANE 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. The four 40 NINE DAYS LANE sales were a mix of roughly equal to the average price, and 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
2012 19 OCT	£226,000	£226,585	Close to HPI
2002 21 JUN	£154,000	£151,819	1% above HPI
1999 28 JAN	£116,000	£99,298	17% above HPI
1997 27 MAR	£114,950	£89,200	29% above HPI

40 NINE DAYS 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 four 40 NINE DAYS LANE sales between March 1997 and October 2012 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 40 NINE DAYS LANE be worth now?

40 NINE DAYS LANE might now be worth an estimated £379,785.

This is based on house price inflation of 68%, between October 2012 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 68% inflationary increase is applied to the most recent sale price for 40 NINE DAYS LANE of £226,000 on 19th October 2012. For the value to have increased from £226,000 to £379,785 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 NINE DAYS LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2012 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NINE DAYS LANE has not materially changed since October 2012.

How Large is 40 NINE DAYS LANE?

40 NINE DAYS LANE is 142m² according to the EPC inspection conducted in July 2011. This puts it in the largest 20% 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 40 NINE DAYS LANE lies on this distribution: 82% of detached houses houses are smaller than 40 NINE DAYS LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Redditch.

40 NINE DAYS LANE: Plot and Title Map

40 NINE DAYS LANE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 40 NINE DAYS 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 40 NINE DAYS 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 40 NINE DAYS LANE?

40 NINE DAYS LANE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 40 on NINE DAYS LANE.