FERNEY HILL HOUSE, FERNEY HILL AVENUE, REDDITCH, B97 4RU - £490,000

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.

FERNEY HILL HOUSE is a very large extended detached house of 232m², built sometime between 1900 and 1929, which could now be worth an estimated £548,143. It was last sold for £490,000 in March 2021, which was around 44% above the average March 2021 detached price in the Redditch local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

FERNEY HILL HOUSE Sold Prices

Land registry data shows three sales for FERNEY HILL HOUSE 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. All of the three FERNEY HILL HOUSE 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
2021 30 MAR	£490,000	£340,379	44% above HPI
2001 16 NOV	£189,950	£140,327	35% above HPI
1996 31 JAN	£99,000	£87,063	14% above HPI

FERNEY HILL HOUSE 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 FERNEY HILL HOUSE sales between January 1996 and March 2021 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 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might FERNEY HILL HOUSE be worth now?

FERNEY HILL HOUSE might now be worth an estimated £548,143.

This is based on house price inflation of 11.9%, between March 2021 and February 2025, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% inflationary increase is applied to the most recent sale price for FERNEY HILL HOUSE of £490,000 on 30th March 2021. For the value to have increased from £490,000 to £548,143 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of FERNEY HILL HOUSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The March 2021 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of FERNEY HILL HOUSE has not materially changed since March 2021.

How Large is FERNEY HILL HOUSE?

FERNEY HILL HOUSE is 232m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where FERNEY HILL HOUSE lies on this distribution: 99% of detached houses houses are smaller than FERNEY HILL HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Redditch.

FERNEY HILL HOUSE: Plot and Title Map

FERNEY HILL HOUSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of FERNEY HILL HOUSE, 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 FERNEY HILL HOUSE). 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 FERNEY HILL HOUSE?

FERNEY HILL HOUSE is located on FERNEY HILL AVENUE in REDDITCH, in the B97 postcode district. The below map shows the position of FERNEY HILL HOUSE on FERNEY HILL AVENUE.