44, TURNPIKE LANE, REDDITCH, B97 6UJ - £163,500

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.

44 TURNPIKE LANE is a small terraced house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £310,036. It was last sold for £163,500 in January 2010, which was around 51% above the average January 2010 terraced price in the Redditch local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was B.

44 TURNPIKE LANE Sold Prices

Land registry data shows three sales for 44 TURNPIKE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the three 44 TURNPIKE 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
2010 29 JAN	£163,500	£108,119	51% above HPI
2008 9 MAY	£175,000	£118,320	48% above HPI
2004 25 MAR	£175,995	£93,212	89% above HPI

44 TURNPIKE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redditch local authority area over time, sourced from the HPI. The three 44 TURNPIKE LANE sales between March 2004 and January 2010 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 2008 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the January 2010 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 44 TURNPIKE LANE be worth now?

44 TURNPIKE LANE might now be worth an estimated £310,036.

This is based on house price inflation of 89.6%, between January 2010 and April 2026, for terraced 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 89.6% inflationary increase is applied to the most recent sale price for 44 TURNPIKE LANE of £163,500 on 29th January 2010. For the value to have increased from £163,500 to £310,036 over the fifteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 44 TURNPIKE LANE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The January 2010 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 44 TURNPIKE LANE has not materially changed since January 2010.

How Large is 44 TURNPIKE LANE?

44 TURNPIKE LANE is 98m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of terraced houses houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Redditch, and where 44 TURNPIKE LANE lies on this distribution: 33% of terraced houses houses are smaller than 44 TURNPIKE LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Redditch.

44 TURNPIKE LANE: Plot and Title Map

44 TURNPIKE LANE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 44 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 44 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 44 TURNPIKE LANE?

44 TURNPIKE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 44 on TURNPIKE LANE.