FIRST HOUSE, LADY HARRIETS LANE, REDDITCH, B98 8HD - £280,000

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

FIRST HOUSE is a midsized detached house of 105m², built sometime between 1950 and 1966. It was last sold for £280,000 in June 2014, which was around 10% above the average June 2014 detached price in the Redditch local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

FIRST HOUSE Sold Prices

Land registry data shows five sales for FIRST HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the five FIRST 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
2014 13 JUN	£280,000	£253,830	10% above HPI
2011 7 JUN	£250,000	£235,372	6% above HPI
2010 26 APR	£210,000	£233,332	10% below HPI
1999 17 DEC	£135,000	£115,530	17% above HPI
1997 11 DEC	£122,500	£97,058	26% above HPI

FIRST 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 five FIRST HOUSE sales between December 1997 and June 2014 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 June 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is FIRST HOUSE?

FIRST HOUSE is 105m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 FIRST HOUSE lies on this distribution: 41% of detached houses are smaller than FIRST HOUSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Redditch.

FIRST HOUSE: Plot and Title Map

FIRST HOUSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of FIRST 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 FIRST 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 FIRST HOUSE?

FIRST HOUSE is located on LADY HARRIETS LANE in REDDITCH, in the B98 postcode district. The below map shows the position of FIRST HOUSE on LADY HARRIETS LANE.