43, SHIRELAND LANE, REDDITCH, B97 6UB - £137,000

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.

43 SHIRELAND LANE is a small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £271,777. It was last sold for £137,000 in July 2003, which was around 29% below the average July 2003 detached price in the Redditch local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

43 SHIRELAND LANE Sold Prices

Land registry data shows two sales for 43 SHIRELAND 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. Both of the two 43 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
2003 18 JUL	£137,000	£191,941	29% below HPI
2000 23 JUN	£104,950	£118,346	11% below HPI

43 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 two 43 SHIRELAND LANE sales from June 2000 and July 2003 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 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2003 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 43 SHIRELAND LANE be worth now?

43 SHIRELAND LANE might now be worth an estimated £271,777.

This is based on house price inflation of 98.4%, between July 2003 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 98.4% inflationary increase is applied to the most recent sale price for 43 SHIRELAND LANE of £137,000 on 18th July 2003. For the value to have increased from £137,000 to £271,777 over the 22 years and five months to February 2025, the following assumptions must hold true:

• The value of 43 SHIRELAND LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2003 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 43 SHIRELAND LANE has not materially changed since July 2003.

How Large is 43 SHIRELAND LANE?

43 SHIRELAND LANE is 91m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% 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 43 SHIRELAND LANE lies on this distribution: 24% of detached houses houses are smaller than 43 SHIRELAND LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Redditch.

43 SHIRELAND LANE: Plot and Title Map

43 SHIRELAND LANE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 43 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 43 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 43 SHIRELAND LANE?

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