5, BROOKLANDS LANE, REDDITCH, B98 8PX - £280,000

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.

5 BROOKLANDS LANE is a very small terraced house of 72m², built sometime before 1900, which could now be worth an estimated £285,152. It was last sold for £280,000 in September 2022, which was around 39% above the average September 2022 terraced price in the Redditch local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

5 BROOKLANDS LANE Sold Prices

Land registry data shows five sales for 5 BROOKLANDS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Redditch local authority area for the corresponding sale date. All of the five 5 BROOKLANDS 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
2022 23 SEP	£280,000	£201,316	39% above HPI
2017 9 NOV	£225,000	£148,262	52% above HPI
2003 22 DEC	£162,000	£87,388	85% above HPI
2002 11 SEP	£135,000	£70,314	92% above HPI
1996 30 AUG	£75,000	£38,290	96% above HPI

5 BROOKLANDS 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 five 5 BROOKLANDS LANE sales between August 1996 and September 2022 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 November 2017 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 5 BROOKLANDS LANE be worth now?

5 BROOKLANDS LANE might now be worth an estimated £285,152.

This is based on house price inflation of 1.8%, between September 2022 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 1.8% inflationary increase is applied to the most recent sale price for 5 BROOKLANDS LANE of £280,000 on 23rd September 2022. For the value to have increased from £280,000 to £285,152 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 5 BROOKLANDS LANE has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The September 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BROOKLANDS LANE has not materially changed since September 2022.

How Large is 5 BROOKLANDS LANE?

5 BROOKLANDS LANE is 72m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 5 BROOKLANDS LANE lies on this distribution: 7% of terraced houses houses are smaller than 5 BROOKLANDS LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 BROOKLANDS LANE: Plot and Title Map

5 BROOKLANDS LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 5 BROOKLANDS 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 5 BROOKLANDS 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 5 BROOKLANDS LANE?

5 BROOKLANDS LANE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 5 on BROOKLANDS LANE.