14, KITE LANE, REDDITCH, B97 6TT - £162,500

14 KITE LANE is a very small semi-detached house of 83m², built sometime between 1996 and 2002. It was last sold for £162,500 in July 2011, which was around 31% below the average July 2011 detached price in the Redditch local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

14 KITE LANE Sold Prices

Land registry data shows five sales for 14 KITE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 14 KITE LANE sales were for below 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
2011 26 JUL	£162,500	£234,439	31% below HPI
2006 22 MAY	£174,000	£236,497	26% below HPI
2004 17 DEC	£157,000	£235,590	33% below HPI
2003 16 OCT	£147,950	£201,400	27% below HPI
2001 26 NOV	£109,995	£145,678	24% below HPI

14 KITE LANE 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 five 14 KITE LANE sales between November 2001 and July 2011 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 May 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2011 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 KITE LANE?

14 KITE LANE is 83m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 14 KITE LANE lies on this distribution: 16% of detached houses are smaller than 14 KITE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Redditch.

14 KITE LANE: Plot and Title Map

14 KITE LANE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 14 KITE LANE, 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 14 KITE LANE). 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 14 KITE LANE?

14 KITE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 14 on KITE LANE.