5 SHIRELAND LANE is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £255,000 in June 2016, which was around 12% below the average June 2016 detached price in the Redditch local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 5 SHIRELAND LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the five 5 SHIRELAND 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 17 JUN | £255,000 | £291,084 | 12% below HPI |
2008 22 AUG | £218,000 | £242,493 | 10% below HPI |
2003 28 MAR | £192,950 | £186,150 | 4% above HPI |
2001 9 MAY | £141,950 | £134,167 | 6% above HPI |
2000 24 MAR | £131,950 | £113,541 | 16% above HPI |
The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The five 5 SHIRELAND LANE sales between March 2000 and June 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 August 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
5 SHIRELAND LANE is 128m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% 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 SHIRELAND LANE lies on this distribution: 70% of detached houses are smaller than 5 SHIRELAND LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Redditch.
5 SHIRELAND LANE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 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 5 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.
5 SHIRELAND LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on SHIRELAND LANE.