41, TURNPIKE LANE, REDDITCH, B97 6UJ - £215,000

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

41 TURNPIKE LANE is a midsized detached house of 109m², built sometime between 2003 and 2006. It was last sold for £215,000 in August 2005, which was around 10% below the average August 2005 detached price in the Redditch local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

41 TURNPIKE LANE Sold Prices

Land registry data shows two sales for 41 TURNPIKE LANE 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. One of the two 41 TURNPIKE LANE sales was for below the average price, whilst the other was roughly equal to 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
2005 31 AUG	£215,000	£240,032	10% below HPI
2003 31 JUL	£199,995	£199,262	Close to HPI

41 TURNPIKE 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 two 41 TURNPIKE LANE sales from July 2003 and August 2005 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 July 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2005 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 41 TURNPIKE LANE?

41 TURNPIKE LANE is 109m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 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 41 TURNPIKE LANE lies on this distribution: 47% of detached houses are smaller than 41 TURNPIKE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Redditch.

41 TURNPIKE LANE: Plot and Title Map

41 TURNPIKE LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 41 TURNPIKE 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 41 TURNPIKE 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 41 TURNPIKE LANE?

41 TURNPIKE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 41 on TURNPIKE LANE.