7, PINK GREEN LANE, REDDITCH, B97 6GU - £289,950

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

7 PINK GREEN LANE is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £289,950 in May 2017, which was around 6% below the average May 2017 detached price in the Redditch local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

7 PINK GREEN LANE Sold Prices

Land registry data shows three sales for 7 PINK GREEN 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 Redditch local authority area for the corresponding sale date. Two of the three 7 PINK GREEN LANE sales were for below the average price, whilst one was 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
2017 26 MAY	£289,950	£308,451	6% below HPI
2009 20 MAY	£208,000	£214,849	3% below HPI
2003 12 DEC	£224,995	£201,552	12% above HPI

7 PINK 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 three 7 PINK GREEN LANE sales between December 2003 and May 2017 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 May 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 PINK GREEN LANE?

7 PINK GREEN LANE is 113m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 7 PINK GREEN LANE lies on this distribution: 52% of detached houses are smaller than 7 PINK GREEN LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Redditch.

7 PINK GREEN LANE: Plot and Title Map

7 PINK GREEN LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 7 PINK 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 7 PINK 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 7 PINK GREEN LANE?

7 PINK GREEN LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 7 on PINK GREEN LANE.