5, FARTHING LANE, REDDITCH, B97 6TE - £137,500

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.

5 FARTHING LANE is a very small semi-detached house of 44m², built sometime between 1996 and 2002, which could now be worth an estimated £257,158. It was last sold for £137,500 in April 2010, which was about the average April 2010 semi-detached price in the Redditch local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

5 FARTHING LANE Sold Prices

Land registry data shows three sales for 5 FARTHING 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. The three 5 FARTHING LANE sales were a mix of 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
2010 9 APR	£137,500	£137,181	Close to HPI
2006 2 JUN	£149,000	£144,944	3% above HPI
1998 18 DEC	£62,995	£58,654	7% above HPI

5 FARTHING 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 5 FARTHING LANE sales between December 1998 and April 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 June 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2010 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 FARTHING LANE be worth now?

5 FARTHING LANE might now be worth an estimated £257,158.

This is based on house price inflation of 87%, between April 2010 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 87% inflationary increase is applied to the most recent sale price for 5 FARTHING LANE of £137,500 on 9th April 2010. For the value to have increased from £137,500 to £257,158 over the sixteen years to April 2026, the following assumptions must hold true:

• The value of 5 FARTHING LANE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The April 2010 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FARTHING LANE has not materially changed since April 2010.

How Large is 5 FARTHING LANE?

5 FARTHING LANE is 44m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 5 FARTHING LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 5 FARTHING LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Redditch.

5 FARTHING LANE: Plot and Title Map

5 FARTHING LANE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 5 FARTHING 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 FARTHING 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 FARTHING LANE?

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