5, HAMILTON ROAD, REDDITCH, B97 5BD - £295,000

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

5 HAMILTON ROAD is a small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £295,000 in March 2019, which was around 11% below the average March 2019 detached price in the Redditch local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

5 HAMILTON ROAD Sold Prices

Land registry data shows two sales for 5 HAMILTON ROAD 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 5 HAMILTON 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
2019 19 MAR	£295,000	£331,526	11% below HPI
2007 9 NOV	£223,000	£254,206	12% below HPI

5 HAMILTON 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 two 5 HAMILTON ROAD sales from November 2007 and March 2019 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 HAMILTON ROAD?

5 HAMILTON ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 5 HAMILTON ROAD lies on this distribution: 39% of detached houses are smaller than 5 HAMILTON ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 HAMILTON ROAD: Plot and Title Map

5 HAMILTON ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 HAMILTON 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 5 HAMILTON 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 5 HAMILTON ROAD?

5 HAMILTON ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on HAMILTON ROAD.