IPSLEY ALDERS FARMHOUSE, LILLESHALL CLOSE, REDDITCH, B98 0PW - £245,000

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

IPSLEY ALDERS FARMHOUSE is a very large extended detached house of 233m², built sometime between 1900 and 1929. It was last sold for £245,000 in April 2001, which was around 84% above the average April 2001 detached price in the Redditch local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

IPSLEY ALDERS FARMHOUSE Sold Prices

Land registry data shows two sales for IPSLEY ALDERS FARMHOUSE 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 IPSLEY ALDERS FARMHOUSE 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
2001 2 APR	£245,000	£132,857	84% above HPI
1996 22 NOV	£160,000	£89,732	78% above HPI

IPSLEY ALDERS FARMHOUSE 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 IPSLEY ALDERS FARMHOUSE sales from November 1996 and April 2001 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 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2001 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is IPSLEY ALDERS FARMHOUSE?

IPSLEY ALDERS FARMHOUSE is 233m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where IPSLEY ALDERS FARMHOUSE lies on this distribution: 99% of detached houses are smaller than IPSLEY ALDERS FARMHOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Redditch.

IPSLEY ALDERS FARMHOUSE: Plot and Title Map

IPSLEY ALDERS FARMHOUSE sits on a plot of roughly 0.520 of an acre, or 2,102m². The below map shows the location of IPSLEY ALDERS FARMHOUSE, 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 IPSLEY ALDERS FARMHOUSE). 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 IPSLEY ALDERS FARMHOUSE?

IPSLEY ALDERS FARMHOUSE is located on LILLESHALL CLOSE in REDDITCH, in the B98 postcode district. The below map shows the position of IPSLEY ALDERS FARMHOUSE on LILLESHALL CLOSE.