6, LILY GREEN LANE, REDDITCH, B97 6TZ - £232,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 LILY GREEN LANE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £232,000 in August 2019, which was around 31% below the average August 2019 detached price in the Redditch local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

6 LILY GREEN LANE Sold Prices

Land registry data shows two sales for 6 LILY 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 6 LILY GREEN LANE 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 AUG	£232,000	£334,017	31% below HPI
2002 27 SEP	£140,995	£171,337	18% below HPI

6 LILY 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 6 LILY GREEN LANE sales from September 2002 and August 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 September 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 6 LILY GREEN LANE?

6 LILY GREEN LANE is 82m² according to the EPC inspection conducted in October 2021. 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 6 LILY GREEN LANE lies on this distribution: 14% of detached houses are smaller than 6 LILY GREEN LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Redditch.

6 LILY GREEN LANE: Plot and Title Map

6 LILY GREEN LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 6 LILY 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 6 LILY 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 6 LILY GREEN LANE?

6 LILY GREEN LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 6 on LILY GREEN LANE.