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
9 REDHILL LANE is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £345,000 in November 2015, which was around 44% above the average November 2015 detached price in the East Staffordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 9 REDHILL LANE since 1st 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 9 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 |
---|---|---|---|
2015 27 NOV | £345,000 | £240,414 | 44% above HPI |
2013 13 AUG | £320,000 | £222,514 | 44% above HPI |
2005 5 AUG | £250,000 | £208,326 | 20% above HPI |
The below graph shows the average detached house price in the East Staffordshire local authority area over time, sourced from the HPI. The three 9 REDHILL LANE sales between August 2005 and November 2015 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 August 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2015 sale, which was also at 44% above the HPI.
9 REDHILL LANE is 109m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Tutbury, based on EPC data. The below chart shows the distribution of detached houses by size in Tutbury, and where 9 REDHILL LANE lies on this distribution: 52% of detached houses are smaller than 9 REDHILL LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Tutbury.
9 REDHILL LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 9 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 9 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.
9 REDHILL LANE is located in TUTBURY, in the DE13 postcode district. The below map shows the position of No. 9 on REDHILL LANE.