48, CHURCH ROAD, ASTWOOD BANK, REDDITCH, B96 6DD - £318,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 CHURCH ROAD is a very small extended detached house of 68m², built sometime between 1930 and 1949. It was last sold for £318,000 in May 2024, which was around 22% below the average May 2024 detached price in the Redditch local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

48 CHURCH ROAD Sold Prices

Land registry data shows four sales for 48 CHURCH ROAD 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. All of the four 48 CHURCH ROAD 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
2024 17 MAY	£318,000	£408,716	22% below HPI
2023 24 NOV	£345,000	£404,090	15% below HPI
2017 19 MAY	£269,950	£308,451	12% below HPI
2016 13 JUL	£190,000	£292,666	35% below HPI

48 CHURCH ROAD 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 48 CHURCH ROAD sales between July 2016 and May 2024 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 November 2023 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 48 CHURCH ROAD?

48 CHURCH ROAD is 68m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 48 CHURCH ROAD lies on this distribution: 4% of detached houses are smaller than 48 CHURCH ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

48 CHURCH ROAD: Plot and Title Map

48 CHURCH ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 48 CHURCH ROAD, 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 48 CHURCH ROAD). 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 48 CHURCH ROAD?

48 CHURCH ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 48 on CHURCH ROAD.