40, TURNPIKE LANE, REDDITCH, B97 6UJ - £360,000

40 TURNPIKE LANE is a very large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £360,000 in December 2021, which was around 6% below the average December 2021 detached price in the Redditch local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

40 TURNPIKE LANE Sold Prices

Land registry data shows five sales for 40 TURNPIKE LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. The five 40 TURNPIKE LANE sales were a mix of below the average price, roughly equal to the average price, and 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 DEC	£360,000	£384,265	6% below HPI
2019 17 APR	£280,000	£335,019	16% below HPI
2006 25 AUG	£230,000	£238,784	4% below HPI
2005 1 APR	£234,950	£227,489	3% above HPI
2003 29 AUG	£199,995	£200,647	Close to HPI

40 TURNPIKE 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 five 40 TURNPIKE LANE sales between August 2003 and December 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 April 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40 TURNPIKE LANE?

40 TURNPIKE LANE is 144m² according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 40 TURNPIKE LANE lies on this distribution: 84% of detached houses are smaller than 40 TURNPIKE LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Redditch.

40 TURNPIKE LANE: Plot and Title Map

40 TURNPIKE LANE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 40 TURNPIKE 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 40 TURNPIKE 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 40 TURNPIKE LANE?

40 TURNPIKE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 40 on TURNPIKE LANE.