38, CRUMPFIELDS LANE, REDDITCH, B97 5PN - £422,500

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.

38 CRUMPFIELDS LANE is a large extended detached house of 126m², built sometime between 1930 and 1949, which could now be worth an estimated £689,683. It was last sold for £422,500 in September 2014, which was around 71% above the average September 2014 detached price in the Redditch local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

38 CRUMPFIELDS LANE Sold Prices

Land registry data shows four sales for 38 CRUMPFIELDS 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. All of the four 38 CRUMPFIELDS 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
2014 8 SEP	£422,500	£247,039	71% above HPI
2012 11 MAY	£415,000	£220,831	88% above HPI
2010 23 FEB	£435,000	£222,064	96% above HPI
2009 3 APR	£325,000	£205,446	58% above HPI

38 CRUMPFIELDS 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 38 CRUMPFIELDS LANE sales between April 2009 and September 2014 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 May 2012 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the September 2014 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 38 CRUMPFIELDS LANE be worth now?

38 CRUMPFIELDS LANE might now be worth an estimated £689,683.

This is based on house price inflation of 63.2%, between September 2014 and April 2026, for detached 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 63.2% inflationary increase is applied to the most recent sale price for 38 CRUMPFIELDS LANE of £422,500 on 8th September 2014. For the value to have increased from £422,500 to £689,683 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 38 CRUMPFIELDS LANE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2014 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 38 CRUMPFIELDS LANE has not materially changed since September 2014.

How Large is 38 CRUMPFIELDS LANE?

38 CRUMPFIELDS LANE is 126m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 38 CRUMPFIELDS LANE lies on this distribution: 68% of detached houses houses are smaller than 38 CRUMPFIELDS LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 CRUMPFIELDS LANE: Plot and Title Map

38 CRUMPFIELDS LANE sits on a plot of roughly 1.1 acres, or 4,467m². The below map shows the location of 38 CRUMPFIELDS 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 38 CRUMPFIELDS 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 38 CRUMPFIELDS LANE?

38 CRUMPFIELDS LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 38 on CRUMPFIELDS LANE.