THE REDLANDS, TAMWORTH ROAD, NETHER WHITACRE, BIRMINGHAM, B46 2PL - £1,085,000

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

THE REDLANDS is a very large detached house of 266m², built sometime between 1900 and 1929. It was last sold for £1,085,000 in March 2023, which was around 185% above the average March 2023 detached price in the North Warwickshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

THE REDLANDS Sold Prices

Land registry data shows three sales for THE REDLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. All of the three THE REDLANDS 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
2023 16 MAR	£1,085,000	£381,343	185% above HPI
2017 4 SEP	£740,000	£297,939	148% above HPI
2012 12 OCT	£650,000	£229,136	184% above HPI

THE REDLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The three THE REDLANDS sales between October 2012 and March 2023 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 2017 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the March 2023 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

How Large is THE REDLANDS?

THE REDLANDS is 266m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Nether Whitacre, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Whitacre, and where THE REDLANDS lies on this distribution: 93% of detached houses are smaller than THE REDLANDS, and 8% of houses are larger. Note that EPC data is not available for all properties in Nether Whitacre.

THE REDLANDS: Plot and Title Map

THE REDLANDS sits on a plot of roughly 0.979 of an acre, or 3,961m². The below map shows the location of THE REDLANDS, 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 REDLANDS). 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 REDLANDS?

THE REDLANDS is located on TAMWORTH ROAD in NETHER WHITACRE, in the B46 postcode district. The below map shows the position of THE REDLANDS on TAMWORTH ROAD.