THE BYRE, CALLOW HILL LANE, CALLOW HILL, REDDITCH, B97 5PT - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE BYRE is a very large extended detached house of 190m², built sometime before 1900, which could now be worth an estimated £673,874. It was last sold for £475,000 in January 2016, which was around 74% above the average January 2016 detached price in the Redditch local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was E.

THE BYRE Sold Prices

Land registry data shows two sales for THE BYRE 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 THE BYRE 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
2016 21 JAN	£475,000	£272,655	74% above HPI
1999 16 SEP	£214,000	£108,202	98% above HPI

THE BYRE 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 THE BYRE sales from September 1999 and January 2016 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 September 1999 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the January 2016 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might THE BYRE be worth now?

THE BYRE might now be worth an estimated £673,874.

This is based on house price inflation of 41.9%, between January 2016 and December 2024, 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 41.9% inflationary increase is applied to the most recent sale price for THE BYRE of £475,000 on 21st January 2016. For the value to have increased from £475,000 to £673,874 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of THE BYRE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2016 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE BYRE has not materially changed since January 2016.

How Large is THE BYRE?

THE BYRE is 190m², which includes three extensions, according to the EPC inspection conducted in July 2015. 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 THE BYRE lies on this distribution: 96% of detached houses houses are smaller than THE BYRE, and 4% of houses are larger. Note that EPC data is not available for all properties in Redditch.

THE BYRE: Plot and Title Map

THE BYRE sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of THE BYRE, 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 THE BYRE). 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 THE BYRE?

THE BYRE is located on CALLOW HILL LANE in CALLOW HILL, in the B97 postcode district. The below map shows the position of THE BYRE on CALLOW HILL LANE.