54, JUBILEE AVENUE, REDDITCH, B97 5HE - £345,500

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

54 JUBILEE AVENUE is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £345,500 in December 2022, which was around 16% below the average December 2022 detached price in the Redditch local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

54 JUBILEE AVENUE Sold Prices

Land registry data shows two sales for 54 JUBILEE AVENUE 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 54 JUBILEE AVENUE 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
2022 22 DEC	£345,500	£413,071	16% below HPI
2010 26 NOV	£145,000	£240,146	40% below HPI

54 JUBILEE AVENUE 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 54 JUBILEE AVENUE sales from November 2010 and December 2022 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 2010 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 54 JUBILEE AVENUE?

54 JUBILEE AVENUE is 83m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 54 JUBILEE AVENUE lies on this distribution: 15% of detached houses are smaller than 54 JUBILEE AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

54 JUBILEE AVENUE: Plot and Title Map

54 JUBILEE AVENUE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 54 JUBILEE AVENUE, 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 54 JUBILEE AVENUE). 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 54 JUBILEE AVENUE?

54 JUBILEE AVENUE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 54 on JUBILEE AVENUE.