THE WHEEL HOUSE, FECKENHAM ROAD, HUNT END, REDDITCH, B97 5QG - £440,000

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 WHEEL HOUSE is a very large detached house of 142m², built sometime between 1976 and 1982. It was last sold for £440,000 in November 2023, which was around 9% above the average November 2023 detached price in the Redditch local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

THE WHEEL HOUSE Sold Prices

Land registry data shows three sales for THE WHEEL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three THE WHEEL 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
2023 27 NOV	£440,000	£405,010	9% above HPI
1999 23 JUL	£187,000	£108,336	73% above HPI
1996 11 OCT	£139,000	£89,621	55% above HPI

THE WHEEL 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 three THE WHEEL HOUSE sales between October 1996 and November 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 July 1999 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is THE WHEEL HOUSE?

THE WHEEL HOUSE is 142m² according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where THE WHEEL HOUSE lies on this distribution: 82% of detached houses are smaller than THE WHEEL HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Redditch.

THE WHEEL HOUSE: Plot and Title Map

THE WHEEL HOUSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of THE WHEEL 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 THE WHEEL 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 THE WHEEL HOUSE?

THE WHEEL HOUSE is located on FECKENHAM ROAD in HUNT END, in the B97 postcode district. The below map shows the position of THE WHEEL HOUSE on FECKENHAM ROAD.