60, REDNAL HILL LANE, REDNAL, BIRMINGHAM, B45 9LJ - £451,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

60 REDNAL HILL LANE is a large extended detached house of 136m², built sometime between 1930 and 1949, which could now be worth an estimated £549,604. It was last sold for £451,000 in May 2019, which was around 5% above the average May 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

60 REDNAL HILL LANE Sold Prices

Land registry data shows two sales for 60 REDNAL HILL 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 60 REDNAL HILL 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
2019 29 MAY	£451,000	£429,370	5% above HPI
2001 5 OCT	£210,000	£180,546	16% above HPI

60 REDNAL HILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 60 REDNAL HILL LANE sales from October 2001 and May 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 October 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 60 REDNAL HILL LANE be worth now?

60 REDNAL HILL LANE might now be worth an estimated £549,604.

This is based on house price inflation of 21.9%, between May 2019 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 60 REDNAL HILL LANE of £451,000 on 29th May 2019. For the value to have increased from £451,000 to £549,604 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 60 REDNAL HILL LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2019 sale price of £451,000 represented a fair market value for the property.
• The size, condition, and specification of 60 REDNAL HILL LANE has not materially changed since May 2019.

How Large is 60 REDNAL HILL LANE?

60 REDNAL HILL LANE is 136m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 60 REDNAL HILL LANE lies on this distribution: 68% of detached houses houses are smaller than 60 REDNAL HILL LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

60 REDNAL HILL LANE: Plot and Title Map

60 REDNAL HILL LANE sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of 60 REDNAL HILL 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 60 REDNAL HILL 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 60 REDNAL HILL LANE?

60 REDNAL HILL LANE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 60 on REDNAL HILL LANE.