42, SHIRELAND LANE, REDDITCH, B97 6UB - £310,000

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

42 SHIRELAND LANE is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £310,000 in October 2021, which was around 17% below the average October 2021 detached price in the Redditch local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

42 SHIRELAND LANE Sold Prices

Land registry data shows three sales for 42 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. All of the three 42 SHIRELAND LANE 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
2021 27 OCT	£310,000	£372,105	17% below HPI
2017 13 JAN	£212,250	£306,718	31% below HPI
2001 1 JUN	£109,950	£135,646	19% below HPI

42 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 42 SHIRELAND LANE sales between June 2001 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 January 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 42 SHIRELAND LANE?

42 SHIRELAND LANE is 94m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 42 SHIRELAND LANE lies on this distribution: 27% of detached houses are smaller than 42 SHIRELAND LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Redditch.

42 SHIRELAND LANE: Plot and Title Map

42 SHIRELAND LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 42 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 42 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 42 SHIRELAND LANE?

42 SHIRELAND LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 42 on SHIRELAND LANE.