46, APPLETREE LANE, REDDITCH, B97 6SE - £215,000

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.

46 APPLETREE LANE is a very small extended semi-detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £288,766. It was last sold for £215,000 in July 2018, which was around 13% above the average July 2018 semi-detached price in the Redditch local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

46 APPLETREE LANE Sold Prices

Land registry data shows three sales for 46 APPLETREE LANE 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 Redditch local authority area for the corresponding sale date. All of the three 46 APPLETREE 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
2018 6 JUL	£215,000	£191,022	13% above HPI
2002 2 MAY	£97,000	£86,433	12% above HPI
1998 30 OCT	£72,500	£57,938	25% above HPI

46 APPLETREE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redditch local authority area over time, sourced from the HPI. The three 46 APPLETREE LANE sales between October 1998 and July 2018 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 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 46 APPLETREE LANE be worth now?

46 APPLETREE LANE might now be worth an estimated £288,766.

This is based on house price inflation of 34.3%, between July 2018 and April 2026, for semi-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 34.3% inflationary increase is applied to the most recent sale price for 46 APPLETREE LANE of £215,000 on 6th July 2018. For the value to have increased from £215,000 to £288,766 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 46 APPLETREE LANE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The July 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 46 APPLETREE LANE has not materially changed since July 2018.

How Large is 46 APPLETREE LANE?

46 APPLETREE LANE is 77m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of semi-detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redditch, and where 46 APPLETREE LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 46 APPLETREE LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

46 APPLETREE LANE: Plot and Title Map

46 APPLETREE LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 46 APPLETREE 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 46 APPLETREE 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 46 APPLETREE LANE?

46 APPLETREE LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 46 on APPLETREE LANE.