31, SHIRELAND LANE, REDDITCH, B97 6UB - £290,000

31 SHIRELAND LANE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £290,000 in April 2021, which was around 19% below the average April 2021 detached price in the Redditch local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

31 SHIRELAND LANE Sold Prices

Land registry data shows three sales for 31 SHIRELAND LANE 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. Two of the three 31 SHIRELAND LANE sales were for below the average price, whilst one was 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
2021 16 APR	£290,000	£358,294	19% below HPI
2014 19 DEC	£230,000	£257,702	11% below HPI
2000 27 OCT	£133,950	£129,818	3% above HPI

31 SHIRELAND 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 three 31 SHIRELAND LANE sales between October 2000 and April 2021 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 December 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 31 SHIRELAND LANE?

31 SHIRELAND LANE is 116m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 31 SHIRELAND LANE lies on this distribution: 56% of detached houses are smaller than 31 SHIRELAND LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Redditch.

31 SHIRELAND LANE: Plot and Title Map

31 SHIRELAND LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 31 SHIRELAND 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 31 SHIRELAND 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 31 SHIRELAND LANE?

31 SHIRELAND LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 31 on SHIRELAND LANE.