GRESLEY HOUSE, POPES LANE, ASTWOOD BANK, REDDITCH, B96 6DL - £700,000

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

GRESLEY HOUSE is a very large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £700,000 in February 2022, which was around 81% above the average February 2022 detached price in the Redditch local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

GRESLEY HOUSE Sold Prices

Land registry data shows two sales for GRESLEY HOUSE 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 GRESLEY 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
2022 28 FEB	£700,000	£386,762	81% above HPI
2007 16 FEB	£500,000	£244,799	104% above HPI

GRESLEY 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 two GRESLEY HOUSE sales from February 2007 and February 2022 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 February 2007 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the February 2022 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is GRESLEY HOUSE?

GRESLEY HOUSE is 196m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where GRESLEY HOUSE lies on this distribution: 84% of detached houses are smaller than GRESLEY HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

GRESLEY HOUSE: Plot and Title Map

GRESLEY HOUSE sits on a plot of roughly 1.1 acres, or 4,531m². The below map shows the location of GRESLEY 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 GRESLEY 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 GRESLEY HOUSE?

GRESLEY HOUSE is located on POPES LANE in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of GRESLEY HOUSE on POPES LANE.