62, REDHILL LANE, TUTBURY, BURTON-ON-TRENT, DE13 9JW - £305,000

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

62 REDHILL LANE is a very large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £305,000 in June 2005, which was around 52% above the average June 2005 detached price in the East Staffordshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

62 REDHILL LANE Sold Prices

Land registry data shows three sales for 62 REDHILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Staffordshire local authority area for the corresponding sale date. All of the three 62 REDHILL 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
2005 17 JUN	£305,000	£200,989	52% above HPI
2002 22 NOV	£145,000	£144,116	1% above HPI
1997 28 MAY	£88,000	£74,763	18% above HPI

62 REDHILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The three 62 REDHILL LANE sales between May 1997 and June 2005 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2005 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 62 REDHILL LANE?

62 REDHILL LANE is 152m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of detached houses in Tutbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tutbury, and where 62 REDHILL LANE lies on this distribution: 80% of detached houses are smaller than 62 REDHILL LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Tutbury.

62 REDHILL LANE: Plot and Title Map

62 REDHILL LANE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 62 REDHILL 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 62 REDHILL 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 62 REDHILL LANE?

62 REDHILL LANE is located in TUTBURY, in the DE13 postcode district. The below map shows the position of No. 62 on REDHILL LANE.