18, ALDERMANS LANE, REDDITCH, B97 6TJ - £173,333

18 ALDERMANS LANE is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £173,333 in July 2015, which was around 37% below the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

18 ALDERMANS LANE Sold Prices

Land registry data shows four sales for 18 ALDERMANS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Most of the four 18 ALDERMANS LANE 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
2015 29 JUL	£173,333	£274,958	37% below HPI
2011 8 JUL	£260,000	£234,439	11% above HPI
2001 3 DEC	£175,000	£144,358	21% above HPI
1999 8 OCT	£142,995	£114,115	25% above HPI

18 ALDERMANS 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 four 18 ALDERMANS LANE sales between October 1999 and July 2015 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 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 18 ALDERMANS LANE?

18 ALDERMANS LANE is 134m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 18 ALDERMANS LANE lies on this distribution: 77% of detached houses are smaller than 18 ALDERMANS LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redditch.

18 ALDERMANS LANE: Plot and Title Map

18 ALDERMANS LANE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 18 ALDERMANS 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 18 ALDERMANS 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 18 ALDERMANS LANE?

18 ALDERMANS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 18 on ALDERMANS LANE.