43, DAIRY LANE, REDDITCH, B97 6TR - £487,000

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

43 DAIRY LANE is a large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £487,000 in June 2023, which was around 19% above the average June 2023 detached price in the Redditch local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

43 DAIRY LANE Sold Prices

Land registry data shows seven sales for 43 DAIRY LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. The seven 43 DAIRY LANE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 30 JUN	£487,000	£407,940	19% above HPI
2019 19 MAR	£500	£331,526	100% below HPI
2013 25 MAR	£250,000	£240,147	4% above HPI
2009 17 JUL	£230,000	£216,721	6% above HPI
2008 28 NOV	£227,500	£227,704	Close to HPI
2008 25 MAR	£261,000	£253,783	3% above HPI
2000 31 OCT	£145,995	£129,818	12% above HPI

43 DAIRY 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 seven 43 DAIRY LANE sales between October 2000 and June 2023 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 March 2019 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the June 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 43 DAIRY LANE?

43 DAIRY LANE is 138m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 43 DAIRY LANE lies on this distribution: 80% of detached houses are smaller than 43 DAIRY LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Redditch.

43 DAIRY LANE: Plot and Title Map

43 DAIRY LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 43 DAIRY 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 43 DAIRY 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 43 DAIRY LANE?

43 DAIRY LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 43 on DAIRY LANE.