27, RED LION STREET, ALVECHURCH, BIRMINGHAM, B48 7LG - £154,000

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.

27 RED LION STREET is a very small terraced house of 43m², built sometime before 1900, which could now be worth an estimated £193,687. It was last sold for £154,000 in June 2019, which was around 29% below the average June 2019 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

27 RED LION STREET Sold Prices

Land registry data shows four sales for 27 RED LION STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. All of the four 27 RED LION STREET 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
2019 4 JUN	£154,000	£217,207	29% below HPI
2002 12 MAR	£79,500	£87,992	10% below HPI
2000 28 JUL	£59,500	£72,857	18% below HPI
1997 13 AUG	£45,000	£58,235	23% below HPI

27 RED LION STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 27 RED LION STREET sales between August 1997 and June 2019 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 March 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 27 RED LION STREET be worth now?

27 RED LION STREET might now be worth an estimated £193,687.

This is based on house price inflation of 25.8%, between June 2019 and October 2025, for terraced houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for 27 RED LION STREET of £154,000 on 4th June 2019. For the value to have increased from £154,000 to £193,687 over the five years and eight months to October 2025, the following assumptions must hold true:

• The value of 27 RED LION STREET has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The June 2019 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RED LION STREET has not materially changed since June 2019.

How Large is 27 RED LION STREET?

27 RED LION STREET is 43m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses houses in Alvechurch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alvechurch, and where 27 RED LION STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 27 RED LION STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

27 RED LION STREET: Plot and Title Map

27 RED LION STREET sits on a plot of roughly 0.013 of an acre, or 52m². The below map shows the location of 27 RED LION STREET, 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 27 RED LION STREET). 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 27 RED LION STREET?

27 RED LION STREET is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 27 on RED LION STREET.