4, NEW ROAD, ASTWOOD BANK, REDDITCH, B96 6AW - £257,500

4 NEW ROAD is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £257,500 in July 2015, which was around 6% below the average July 2015 detached price in the Redditch local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

4 NEW ROAD Sold Prices

Land registry data shows four sales for 4 NEW ROAD 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 4 NEW ROAD 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
2015 17 JUL	£257,500	£274,958	6% below HPI
2012 13 JUL	£190,000	£236,476	20% below HPI
2002 10 MAY	£130,500	£155,756	16% below HPI
2000 18 AUG	£116,000	£126,173	8% below HPI

4 NEW ROAD 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 4 NEW ROAD sales between August 2000 and July 2015 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 July 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 4 NEW ROAD?

4 NEW ROAD is 126m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Astwood Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Astwood Bank, and where 4 NEW ROAD lies on this distribution: 43% of detached houses are smaller than 4 NEW ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Astwood Bank.

4 NEW ROAD: Plot and Title Map

4 NEW ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 4 NEW ROAD, 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 4 NEW ROAD). 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 4 NEW ROAD?

4 NEW ROAD is located in ASTWOOD BANK, in the B96 postcode district. The below map shows the position of No. 4 on NEW ROAD.