32, RED LION STREET, ALVECHURCH, BIRMINGHAM, B48 7LF - £274,500

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.

32 RED LION STREET is a very small extended semi-detached house of 84m², built sometime before 1900, which could now be worth an estimated £334,455. It was last sold for £274,500 in May 2021, which was about the average May 2021 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

32 RED LION STREET Sold Prices

Land registry data shows three sales for 32 RED LION STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. The three 32 RED LION STREET sales were a mix of roughly equal to the average price, above the average price, and 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
2021 14 MAY	£274,500	£273,988	Close to HPI
2002 1 NOV	£165,000	£128,106	29% above HPI
2001 12 JAN	£87,500	£93,952	7% below HPI

32 RED LION STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 32 RED LION STREET sales between January 2001 and May 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 November 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 32 RED LION STREET be worth now?

32 RED LION STREET might now be worth an estimated £334,455.

This is based on house price inflation of 21.8%, between May 2021 and October 2025, for semi-detached 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 21.8% inflationary increase is applied to the most recent sale price for 32 RED LION STREET of £274,500 on 14th May 2021. For the value to have increased from £274,500 to £334,455 over the three years and seven months to October 2025, the following assumptions must hold true:

• The value of 32 RED LION STREET has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The May 2021 sale price of £274,500 represented a fair market value for the property.
• The size, condition, and specification of 32 RED LION STREET has not materially changed since May 2021.

How Large is 32 RED LION STREET?

32 RED LION STREET is 84m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of semi-detached houses houses in Alvechurch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Alvechurch, and where 32 RED LION STREET lies on this distribution: 8% of semi-detached houses houses are smaller than 32 RED LION STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

32 RED LION STREET: Plot and Title Map

32 RED LION STREET sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 32 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 32 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 32 RED LION STREET?

32 RED LION STREET is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 32 on RED LION STREET.