78, MORVILLE STREET, WEBHEATH, REDDITCH, B97 5GZ - £360,000

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

78 MORVILLE STREET is a very small detached house of 88m². It was last sold for £360,000 in February 2024, which was around 11% below the average February 2024 detached price in the Redditch local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

78 MORVILLE STREET Sold Prices

Land registry data shows two sales for 78 MORVILLE STREET 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 78 MORVILLE STREET 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
2024 8 FEB	£360,000	£405,604	11% below HPI
2018 30 NOV	£289,995	£338,956	14% below HPI

78 MORVILLE STREET 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 78 MORVILLE STREET sales from November 2018 and February 2024 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 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 78 MORVILLE STREET?

78 MORVILLE STREET is 88m² according to the EPC inspection conducted in October 2018. 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 78 MORVILLE STREET lies on this distribution: 20% of detached houses are smaller than 78 MORVILLE STREET, and 79% of houses are larger. Note that EPC data is not available for all properties in Redditch.

78 MORVILLE STREET: Plot and Title Map

78 MORVILLE STREET sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 78 MORVILLE STREET, 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 78 MORVILLE STREET). 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 78 MORVILLE STREET?

78 MORVILLE STREET is located in WEBHEATH, in the B97 postcode district. The below map shows the position of No. 78 on MORVILLE STREET.