2, KINGSTONE PLACE, REDDITCH, B98 7GG - £247,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 KINGSTONE PLACE is a very small terraced house of 81m², built in 2013, which could now be worth an estimated £259,238. It was last sold for £247,000 in June 2022, which was around 28% above the average June 2022 terraced price in the Redditch local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

2 KINGSTONE PLACE Sold Prices

Land registry data shows two sales for 2 KINGSTONE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. Both of the two 2 KINGSTONE PLACE 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
2022 24 JUN	£247,000	£193,088	28% above HPI
2015 26 JUN	£176,995	£128,541	38% above HPI

2 KINGSTONE PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redditch local authority area over time, sourced from the HPI. The two 2 KINGSTONE PLACE sales from June 2015 and June 2022 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 June 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 KINGSTONE PLACE be worth now?

2 KINGSTONE PLACE might now be worth an estimated £259,238.

This is based on house price inflation of 5%, between June 2022 and May 2026, for terraced 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 5% inflationary increase is applied to the most recent sale price for 2 KINGSTONE PLACE of £247,000 on 24th June 2022. For the value to have increased from £247,000 to £259,238 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 2 KINGSTONE PLACE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The June 2022 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KINGSTONE PLACE has not materially changed since June 2022.

How Large is 2 KINGSTONE PLACE?

2 KINGSTONE PLACE is 81m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of terraced houses houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redditch, and where 2 KINGSTONE PLACE lies on this distribution: 13% of terraced houses houses are smaller than 2 KINGSTONE PLACE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redditch.

2 KINGSTONE PLACE: Plot and Title Map

2 KINGSTONE PLACE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 KINGSTONE PLACE, 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 2 KINGSTONE PLACE). 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 2 KINGSTONE PLACE?

2 KINGSTONE PLACE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 2 on KINGSTONE PLACE.