5, DAIRY LANE, REDDITCH, B97 6TR - £350,000

5 DAIRY LANE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2020, which was about the average October 2020 detached price in the Redditch local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

5 DAIRY LANE Sold Prices

Land registry data shows two sales for 5 DAIRY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. One of the two 5 DAIRY LANE sales was roughly equal to the average price, whilst the other was 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
2020 12 OCT	£350,000	£348,777	Close to HPI
1999 29 OCT	£102,995	£114,115	10% below HPI

5 DAIRY 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 two 5 DAIRY LANE sales from October 1999 and October 2020 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 October 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 DAIRY LANE?

5 DAIRY LANE is 93m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 5 DAIRY LANE lies on this distribution: 27% of detached houses are smaller than 5 DAIRY LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 DAIRY LANE: Plot and Title Map

5 DAIRY LANE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 DAIRY 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 DAIRY 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 DAIRY LANE?

5 DAIRY LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 5 on DAIRY LANE.