5, PINK GREEN LANE, REDDITCH, B97 6GU - £319,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PINK GREEN LANE is a large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £319,950 in September 2016, which was around 12% above the average September 2016 detached price in the Redditch local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was C.

5 PINK GREEN LANE Sold Prices

Land registry data shows two sales for 5 PINK GREEN 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 5 PINK GREEN LANE sales were for above 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
2016 16 SEP	£319,950	£284,497	12% above HPI
2004 30 JAN	£242,995	£196,564	24% above HPI

5 PINK GREEN 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 5 PINK GREEN LANE sales from January 2004 and September 2016 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 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 PINK GREEN LANE be worth now?

5 PINK GREEN LANE might now be worth an estimated £435,014.

This is based on house price inflation of 36%, between September 2016 and December 2024, 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 36% inflationary increase is applied to the most recent sale price for 5 PINK GREEN LANE of £319,950 on 16th September 2016. For the value to have increased from £319,950 to £435,014 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 5 PINK GREEN LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2016 sale price of £319,950 represented a fair market value for the property.
• The size, condition, and specification of 5 PINK GREEN LANE has not materially changed since September 2016.

How Large is 5 PINK GREEN LANE?

5 PINK GREEN LANE is 133m² according to the EPC inspection conducted in April 2016. This puts it in the largest 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 5 PINK GREEN LANE lies on this distribution: 76% of detached houses houses are smaller than 5 PINK GREEN LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 PINK GREEN LANE: Plot and Title Map

5 PINK GREEN LANE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 5 PINK GREEN 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 5 PINK GREEN 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 5 PINK GREEN LANE?

5 PINK GREEN LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on PINK GREEN LANE.